Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
The High Court addressed the issue of reimbursement of...
High Court: Starting production before approval doesn't deny incentives under Bihar Industrial Incentive Policy. Order set aside, payments due in 3 months.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
The High Court addressed the issue of reimbursement of VAT/ET/SGST under Bihar Industrial Incentive Policy, 2011. The petitioner's claim was rejected due to starting production before approval by SIPB. The Court held that starting production before approval does not justify denial of incentives. The impugned order was set aside, directing authorities to grant incentives from approval date and make payments within three months. The petition was allowed.
The High Court addressed the issue of reimbursement of VAT/ET/SGST under Bihar Industrial Incentive Policy, 2011. The petitioner's claim was rejected due to starting production before approval by SIPB. The Court held that starting production before approval does not justify denial of incentives. The impugned order was set aside, directing authorities to grant incentives from approval date and make payments within three months. The petition was allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
