2000 (8) TMI 1118 - HC - VAT and Sales Tax

Summary

The Allahabad High Court judgment in 2000 granted exemption to the petitioner under Section 4-A of U.P. Trade Tax Act. The petitioner deposited tax and interest as directed but the eligibility certificate was later cancelled. The Tribunal allowed the petitioner's appeal, upheld by the High Court in 1997. The petitioner filed a writ petition seeking interest on the deposited amount, which was granted at 15% per annum until refund of the principal amount.