1996 (10) TMI 444 - HC - VAT and Sales Tax

Summary

The High Court of Madhya Pradesh held that the assessing authority must seek approval from the Deputy Commissioner within two months to withhold a refund. The court dismissed a writ petition seeking a refund of tax as approval was granted during a revision process. The court also directed the petitioner to maintain a separate account until the appeal in the Supreme Court is finalized. The court allowed the petition and ordered the refund of the penalty amount recovered under section 57 of the Madhya Pradesh Commercial Tax Act.