VISHAL TRADING COMPANY vs COMMR.OF TRADE TAX,U.P — SLP(C) No. 12016/2006

Summary: SLP(C) No. 12016/2006 - Vishal Trading Company v. Commissioner of Trade Tax, U.P. Outcome: The Supreme Court dismissed the special leave petition on 19/10/2006, but with a conditional direction: the Rs. 22 lakhs in Fixed Deposits encashed by the Trade Tax Department shall be placed in a separate interest-bearing account and held there until the competent authority finally disposes of the underlying assessment proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.