https://www.taxtmi.com/caselaws?id=183838 Whether tax computed on inter-State sales made without Form C/D could be set off against the maximum monetary limit under the industrial incentive scheme in Section 4-A of the U.P. Trade Tax Act was not decided on merits, because the specific contention had not been argued before the High Court. The Supreme Court noted the petitioner's submission that denial of set-off would leave the assessed tax amount unutilised and allegedly inconsistent with the industrial development policy, but it declined to adjudicate that issue in the absence of prior consideration. Liberty was granted to seek review before the High Court so the set-off question could be examined there. en-us Mon, 27 Apr 2009 00:00:00 +0530 Thu, 23 Jun 2016 10:20:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183838 Whether tax computed on inter-State sales made without Form C/D could be set off against the maximum monetary limit under the industrial incentive scheme in Section 4-A of the U.P. Trade Tax Act was not decided on merits, because the specific contention had not been argued before the High Court. The Supreme Court noted the petitioner's submission that denial of set-off would leave the assessed tax amount unutilised and allegedly inconsistent with the industrial development policy, but it declined to adjudicate that issue in the absence of prior consideration. Liberty was granted to seek review before the High Court so the set-off question could be examined there. Case-Laws VAT and Sales Tax Mon, 27 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183838