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    <title>2023 (6) TMI 144 - JAMMU &amp; KASHMIR HIGH COURT</title>
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    <description>Eligibility for budgetary support under the industrial incentive notification was upheld where the record showed new investment, increased employment, and progressive production, and speculative objections did not dislodge the contemporaneous assessment of compliance. The benefit was therefore directed to be released forthwith. For the delayed disbursement, the court treated compensatory interest as warranted because the admissible benefit had been withheld for a substantial period after the claim had attained finality, and costs were ordered to be recovered from the concerned officers. The petitioner&#039;s entitlement to the fiscal support and consequential monetary relief was affirmed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=438570</link>
      <description>Eligibility for budgetary support under the industrial incentive notification was upheld where the record showed new investment, increased employment, and progressive production, and speculative objections did not dislodge the contemporaneous assessment of compliance. The benefit was therefore directed to be released forthwith. For the delayed disbursement, the court treated compensatory interest as warranted because the admissible benefit had been withheld for a substantial period after the claim had attained finality, and costs were ordered to be recovered from the concerned officers. The petitioner&#039;s entitlement to the fiscal support and consequential monetary relief was affirmed.</description>
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