https://www.taxtmi.com/caselaws?id=387396 Where a competent statutory authority issues an Eligibility Certificate granting tax exemption, the assessing authority and first appellate authority must give it full effect and cannot ignore, reduce, or alter the exemption unless the statute expressly authorises them to do so. A later clarification or modification by the Divisional Level Committee was treated as without jurisdiction and a nullity, because the power to modify or cancel the certificate vested only in the Commissioner. The separate finding rejecting the books of account and making a best judgment assessment was based on factual material and was not interfered with in revision absent legal error or perversity. The revisions were therefore allowed only to the extent relating to exemption. en-us Wed, 31 Jul 2019 00:00:00 +0530 Tue, 22 Oct 2019 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387396 Where a competent statutory authority issues an Eligibility Certificate granting tax exemption, the assessing authority and first appellate authority must give it full effect and cannot ignore, reduce, or alter the exemption unless the statute expressly authorises them to do so. A later clarification or modification by the Divisional Level Committee was treated as without jurisdiction and a nullity, because the power to modify or cancel the certificate vested only in the Commissioner. The separate finding rejecting the books of account and making a best judgment assessment was based on factual material and was not interfered with in revision absent legal error or perversity. The revisions were therefore allowed only to the extent relating to exemption. Case-Laws VAT and Sales Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387396