https://www.taxtmi.com/caselaws?id=300289 Section 3-H(3) permitted full adjustment of State Development Tax up to the monetary limit in the eligibility certificate under section 4-A, and the Court held that a departmental circular could not impose a proportionate restriction not found in the statute. The statutory provision prevailed over the administrative circular, so the assessment orders had to reflect that binding legal position. The Assessing Authority was directed to pass appropriate consequential orders granting adjustment for assessment years 2005-06, 2006-07 and 2007-08 in accordance with law and the earlier decision. en-us Fri, 06 Dec 2013 00:00:00 +0530 Fri, 21 Jan 2022 14:51:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300289 Section 3-H(3) permitted full adjustment of State Development Tax up to the monetary limit in the eligibility certificate under section 4-A, and the Court held that a departmental circular could not impose a proportionate restriction not found in the statute. The statutory provision prevailed over the administrative circular, so the assessment orders had to reflect that binding legal position. The Assessing Authority was directed to pass appropriate consequential orders granting adjustment for assessment years 2005-06, 2006-07 and 2007-08 in accordance with law and the earlier decision. Case-Laws Income Tax Fri, 06 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300289