https://www.taxtmi.com/caselaws?id=163660 Interest under section 8(1) of the U.P. Trade Tax Act was not sustainable where the dealer bona fide disputed tax liability on the basis of a pending exemption claim under section 4A. The dealer had established a new unit and sought exemption, and although the claim had been rejected, its entitlement remained under revision. The Tribunal found, as a matter of fact, that the dispute was genuine and that there was nothing to show the exemption claim lacked bona fides. On that footing, interest on the assessed amount could not be treated as payable on admitted tax, and deletion of the interest demand was upheld. en-us Tue, 21 Nov 2006 00:00:00 +0530 Mon, 07 Apr 2014 11:00:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163660 Interest under section 8(1) of the U.P. Trade Tax Act was not sustainable where the dealer bona fide disputed tax liability on the basis of a pending exemption claim under section 4A. The dealer had established a new unit and sought exemption, and although the claim had been rejected, its entitlement remained under revision. The Tribunal found, as a matter of fact, that the dispute was genuine and that there was nothing to show the exemption claim lacked bona fides. On that footing, interest on the assessed amount could not be treated as payable on admitted tax, and deletion of the interest demand was upheld. Case-Laws VAT and Sales Tax Tue, 21 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163660