https://www.taxtmi.com/caselaws?id=163259 The court found that the applicant did not meet the necessary conditions for tax exemption under section 4A of the U.P. Trade Tax Act, 1948, and the relevant notifications. The failure to apply for a term loan within the required timeframe led to the denial of the exemption, despite the registration issue not being a valid ground for refusal. The court emphasized the importance of strict compliance with all conditions for tax exemptions, resulting in the dismissal of the revision. en-us Mon, 29 Oct 2007 00:00:00 +0530 Sat, 20 Dec 2014 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163259 The court found that the applicant did not meet the necessary conditions for tax exemption under section 4A of the U.P. Trade Tax Act, 1948, and the relevant notifications. The failure to apply for a term loan within the required timeframe led to the denial of the exemption, despite the registration issue not being a valid ground for refusal. The court emphasized the importance of strict compliance with all conditions for tax exemptions, resulting in the dismissal of the revision. Case-Laws VAT and Sales Tax Mon, 29 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163259