https://www.taxtmi.com/caselaws?id=153004 Exemption notifications for newly set-up small-scale industrial units were construed to grant the full five-year benefit from the date of commencement of production. The Patna HC held that the terminal date in Notifications Nos. S.O. 141 and S.O. 139 governed the life of the notifications and the class of eligible units, but did not curtail the substantive exemption period expressly conferred. Reading the notifications as a whole, the court rejected an interpretation that would create anomaly, absurdity, and manifest injustice, and preferred the construction favourable to the assessee. The restrictive orders and endorsements were quashed to the extent inconsistent with the five-year exemption, and the exemption certificates were directed to be corrected. en-us Tue, 08 Jul 1980 00:00:00 +0530 Mon, 15 Jul 2013 16:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153004 Exemption notifications for newly set-up small-scale industrial units were construed to grant the full five-year benefit from the date of commencement of production. The Patna HC held that the terminal date in Notifications Nos. S.O. 141 and S.O. 139 governed the life of the notifications and the class of eligible units, but did not curtail the substantive exemption period expressly conferred. Reading the notifications as a whole, the court rejected an interpretation that would create anomaly, absurdity, and manifest injustice, and preferred the construction favourable to the assessee. The restrictive orders and endorsements were quashed to the extent inconsistent with the five-year exemption, and the exemption certificates were directed to be corrected. Case-Laws VAT and Sales Tax Tue, 08 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153004