https://www.taxtmi.com/caselaws?id=165062 Interest under section 8(1) of the U.P. Trade Tax Act was not leviable on tax later assessed in reassessment for warranty claim receipts for 1999-2000 to 2002-03, because that tax had not been admitted or payable under the original assessments and therefore could not be treated as admitted tax; interest was confined to the post-assessment regime under section 8(1B). For 2003-04, the warranty claim turnover was taxed in regular assessment and the liability was already settled against the assessee, so the amount was treated as admitted tax and interest under section 8(1) applied from 1 June 2003. The earlier years attracted relief, while the 2003-04 interest challenge failed. en-us Tue, 02 Feb 2010 00:00:00 +0530 Fri, 17 Oct 2014 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165062 Interest under section 8(1) of the U.P. Trade Tax Act was not leviable on tax later assessed in reassessment for warranty claim receipts for 1999-2000 to 2002-03, because that tax had not been admitted or payable under the original assessments and therefore could not be treated as admitted tax; interest was confined to the post-assessment regime under section 8(1B). For 2003-04, the warranty claim turnover was taxed in regular assessment and the liability was already settled against the assessee, so the amount was treated as admitted tax and interest under section 8(1) applied from 1 June 2003. The earlier years attracted relief, while the 2003-04 interest challenge failed. Case-Laws VAT and Sales Tax Tue, 02 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165062