https://www.taxtmi.com/caselaws?id=163773 An order accepting compounding under section 7D of the U. P. Trade Tax Act, 1948 operates as an agreement between the assessee and the revenue. On that basis, it is not amenable to revision under section 10B merely because a different view is taken on timeliness or circular compliance. Revisional interference is justified only where the assessee has concealed material facts or made a misrepresentation. In the stated facts, no concealment or misrepresentation was shown, so the compounding order was held not revisable and the assessee's revisions succeeded. en-us Wed, 04 Apr 2007 00:00:00 +0530 Wed, 09 Apr 2014 13:04:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163773 An order accepting compounding under section 7D of the U. P. Trade Tax Act, 1948 operates as an agreement between the assessee and the revenue. On that basis, it is not amenable to revision under section 10B merely because a different view is taken on timeliness or circular compliance. Revisional interference is justified only where the assessee has concealed material facts or made a misrepresentation. In the stated facts, no concealment or misrepresentation was shown, so the compounding order was held not revisable and the assessee's revisions succeeded. Case-Laws VAT and Sales Tax Wed, 04 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163773