https://www.taxtmi.com/caselaws?id=161380 Section 4-A of the U.P. Trade Tax Act, 1948, being an incentive provision meant to promote new industries, must be construed liberally. On the facts discussed, the material relied on to deny exemption and an eligibility certificate did not justify rejection of the claim. The rejection orders were therefore unsustainable because exemption intended to encourage industrial development should not be defeated by a narrow or technical approach where the statutory conditions are otherwise satisfied. en-us Thu, 13 Feb 2003 00:00:00 +0530 Thu, 16 Jan 2014 17:00:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161380 Section 4-A of the U.P. Trade Tax Act, 1948, being an incentive provision meant to promote new industries, must be construed liberally. On the facts discussed, the material relied on to deny exemption and an eligibility certificate did not justify rejection of the claim. The rejection orders were therefore unsustainable because exemption intended to encourage industrial development should not be defeated by a narrow or technical approach where the statutory conditions are otherwise satisfied. Case-Laws VAT and Sales Tax Thu, 13 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161380