https://www.taxtmi.com/caselaws?id=164945 Section 4BB of the U.P. Trade Tax Act, 1948 was treated as providing a statutory tax set-off benefit for paddy already taxed, and a Commissioner's circular supported the assessees' claim. The Tribunal was expected to follow an earlier coordinate Bench ruling on the same issue unless it was distinguished, and ignoring that binding line of authority justified interference. The matter was therefore remanded for fresh adjudication after giving the assessees a reasonable opportunity of hearing and reconsidering the claim in light of the earlier precedent. en-us Fri, 13 Nov 2009 00:00:00 +0530 Mon, 27 Oct 2014 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164945 Section 4BB of the U.P. Trade Tax Act, 1948 was treated as providing a statutory tax set-off benefit for paddy already taxed, and a Commissioner's circular supported the assessees' claim. The Tribunal was expected to follow an earlier coordinate Bench ruling on the same issue unless it was distinguished, and ignoring that binding line of authority justified interference. The matter was therefore remanded for fresh adjudication after giving the assessees a reasonable opportunity of hearing and reconsidering the claim in light of the earlier precedent. Case-Laws VAT and Sales Tax Fri, 13 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164945