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    <title>2007 (9) TMI 286 - HIGH COURT OF KARNATAKA AT BANGALORE</title>
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    <description>An exemption under Notification No. 9/2003 could not be partially revoked after the option had been exercised, because the benefit was expressly conditional on the option not being withdrawn during the remaining part of the financial year. Having accepted the exemption, the petitioner remained bound by its terms. As no illegality in the impugned order was shown, the High Court declined interference and dismissed the writ petition as lacking merit.</description>
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      <link>https://www.taxtmi.com/caselaws?id=48587</link>
      <description>An exemption under Notification No. 9/2003 could not be partially revoked after the option had been exercised, because the benefit was expressly conditional on the option not being withdrawn during the remaining part of the financial year. Having accepted the exemption, the petitioner remained bound by its terms. As no illegality in the impugned order was shown, the High Court declined interference and dismissed the writ petition as lacking merit.</description>
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