https://www.taxtmi.com/caselaws?id=167724 A State that participated in BIFR rehabilitation proceedings and accepted a sanctioned scheme with tax reliefs could not later withdraw those concessions without showing overriding public interest. Where the assessee acted on the promised reliefs and BIFR issued further directions that were not challenged in appeal, the Government's refusal to implement sales tax exemption and concessional central sales tax was treated as an unreasonable exercise of discretion. Promissory estoppel was upheld, and the adverse communications and demand-related notices were set aside for reconsideration in accordance with the BIFR scheme and directions. en-us Thu, 17 Jan 2013 00:00:00 +0530 Sat, 03 Jan 2015 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167724 A State that participated in BIFR rehabilitation proceedings and accepted a sanctioned scheme with tax reliefs could not later withdraw those concessions without showing overriding public interest. Where the assessee acted on the promised reliefs and BIFR issued further directions that were not challenged in appeal, the Government's refusal to implement sales tax exemption and concessional central sales tax was treated as an unreasonable exercise of discretion. Promissory estoppel was upheld, and the adverse communications and demand-related notices were set aside for reconsideration in accordance with the BIFR scheme and directions. Case-Laws VAT and Sales Tax Thu, 17 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167724