TMI BlogCourt Affirms Compounding Assessment Benefit u/s 3(4) Cannot Be Denied Due to Past Inter-State Purchases (4.Benefit of compounding system of assessment - There being no provision to deny the benefit of section 3(4) of the Act, on the mere ground of the petitioner's inter-State purchase in the previous years, benefit of compounding cannot be denied - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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