https://www.taxtmi.com/caselaws?id=272303 The Tribunal allowed the Assessee's appeal regarding the addition of unutilized MODVAT credits, finding that no such addition was necessary if the accounting method was consistently applied. The other grounds concerning the validity of the assessment order, the levy of interest, and the initiation of penalty proceedings were either dismissed or not specifically addressed, indicating agreement with the CIT(A)'s rulings on those issues. en-us Fri, 12 Feb 2016 00:00:00 +0530 Fri, 04 Mar 2016 11:07:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272303 The Tribunal allowed the Assessee's appeal regarding the addition of unutilized MODVAT credits, finding that no such addition was necessary if the accounting method was consistently applied. The other grounds concerning the validity of the assessment order, the levy of interest, and the initiation of penalty proceedings were either dismissed or not specifically addressed, indicating agreement with the CIT(A)'s rulings on those issues. Case-Laws Income Tax Fri, 12 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272303