https://www.taxtmi.com/caselaws?id=184407 Under the Kutch incentive scheme, exclusion of claimed fixed capital investment required clear reasons and proper scrutiny; the Court found the disallowance of land development, building-related expenditure and plant and machinery payments could not be sustained on the record and had to be reconsidered by the competent authority. The Court also held that Phase II forging steel activity could not be summarily denied as ineligible merely because separate registration was not shown, and its eligibility had to be re-examined against the scheme conditions and supporting documents. The final eligibility certificate was therefore set aside and the matter remitted for fresh consideration of the disputed investment heads and the Phase II claim. en-us Fri, 13 Jan 2012 00:00:00 +0530 Mon, 01 May 2017 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184407 Under the Kutch incentive scheme, exclusion of claimed fixed capital investment required clear reasons and proper scrutiny; the Court found the disallowance of land development, building-related expenditure and plant and machinery payments could not be sustained on the record and had to be reconsidered by the competent authority. The Court also held that Phase II forging steel activity could not be summarily denied as ineligible merely because separate registration was not shown, and its eligibility had to be re-examined against the scheme conditions and supporting documents. The final eligibility certificate was therefore set aside and the matter remitted for fresh consideration of the disputed investment heads and the Phase II claim. Case-Laws VAT and Sales Tax Fri, 13 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184407