1983 (1) TMI 234

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..... the benefit of concessional rate under section 4-B of the Act on his purchases of oil-seeds. The assessee's contention was that he should be given the benefit of reduced tax of rate at 13.83 per cent of the total purchases of oil-seeds, at Rs. 1,14,14,712.83. The assessee has been given the benefit of concessional rate of tax only at 13.8 per cent of the net purchases worth Rs. 51,30,789.26 and o .....

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..... nefit of section 4-B(1)(a) of the Act. In the result, the revision is allowed. The order of the Tribunal is partly set aside and it is declared that the assessee is entitled to the concessional rate of tax on his total purchase of oil-seeds in the proportion of 13.83 per cent. The papers will now go back in accordance with the provisions of section 11(8) of the Act to pass appropriate orders. The .....

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