https://www.taxtmi.com/caselaws?id=424792 Conditional fiscal exemption under Section 4-A of the Uttar Pradesh Trade Tax Act required strict and mandatory compliance with the notification dated 22.12.2001. Although exemption notifications may be interpreted to support industrial development, the claimant still had to prove full satisfaction of each stipulated condition. On the facts noted, valid transfer of land within time was not established, the agreement to sell was found doubtful, spot inspection indicated use of old machinery in manufacture, and industrial registration was obtained after the cut-off date. The exemption claim therefore failed, and the concurrent findings of the authorities below were left undisturbed. en-us Mon, 04 Jul 2022 00:00:00 +0530 Fri, 08 Jul 2022 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424792 Conditional fiscal exemption under Section 4-A of the Uttar Pradesh Trade Tax Act required strict and mandatory compliance with the notification dated 22.12.2001. Although exemption notifications may be interpreted to support industrial development, the claimant still had to prove full satisfaction of each stipulated condition. On the facts noted, valid transfer of land within time was not established, the agreement to sell was found doubtful, spot inspection indicated use of old machinery in manufacture, and industrial registration was obtained after the cut-off date. The exemption claim therefore failed, and the concurrent findings of the authorities below were left undisturbed. Case-Laws VAT and Sales Tax Mon, 04 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424792