https://www.taxtmi.com/caselaws?id=161533 The matter was directed for fresh examination by the Assessing Authority on the questions relating to encashment of the bank guarantee and the assessment proceedings, and the earlier order was treated as withdrawn. If any amount was found payable on reconsideration, only 25 per cent was to be deducted, with the balance refunded to the petitioner. The operative effect was a remand for reconsideration and partial refund relief subject to the reassessed liability. en-us Mon, 13 May 2002 00:00:00 +0530 Fri, 31 Jan 2014 15:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161533 The matter was directed for fresh examination by the Assessing Authority on the questions relating to encashment of the bank guarantee and the assessment proceedings, and the earlier order was treated as withdrawn. If any amount was found payable on reconsideration, only 25 per cent was to be deducted, with the balance refunded to the petitioner. The operative effect was a remand for reconsideration and partial refund relief subject to the reassessed liability. Case-Laws VAT and Sales Tax Mon, 13 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161533