Electricity Dept Can’t Withdraw State Industrial Policy Benefits Based on Audit Objection

Balmukund Concast Limited Vs Bihar State Power holding Company Limited (Patna High Court)

Conclusion: Once the State Government had extended the benefit under the particular scheme, the same could not be withdrawn by the Electricity Department basing on the audit report. In absence of any evidence of theft being committed by assessee, the benefit of Intensive Policy could not be withdrawn.

Held: Assessee was engaged in the business of manufacture and sale of iron rods and having factories in the district of Patna. It had taken electrical con

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