https://www.taxtmi.com/caselaws?id=117070 The Tribunal allowed the assessee's appeal against the disallowance of their claim under the Interest Free Sales-tax Deferral Scheme for the assessment years 1995-96 & 1996-97. Despite not producing the eligibility certificate, the Tribunal held the assessee entitled to the exemption under section 43B. The case was remanded to the Assessing Officer for a detailed review and to grant the benefit without insisting on payment in the previous year as per Circulars. The Tribunal emphasized the scheme's objectives over technical interpretations, ensuring the proper application of benefits without unnecessary financial burdens. en-us Mon, 10 Mar 2003 00:00:00 +0530 Wed, 20 Jun 2012 11:15:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117070 The Tribunal allowed the assessee's appeal against the disallowance of their claim under the Interest Free Sales-tax Deferral Scheme for the assessment years 1995-96 & 1996-97. Despite not producing the eligibility certificate, the Tribunal held the assessee entitled to the exemption under section 43B. The case was remanded to the Assessing Officer for a detailed review and to grant the benefit without insisting on payment in the previous year as per Circulars. The Tribunal emphasized the scheme's objectives over technical interpretations, ensuring the proper application of benefits without unnecessary financial burdens. Case-Laws Income Tax Mon, 10 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117070