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1985 (8) TMI 324 - SUPREME COURTWhether the assessee-appellant is liable to be taxed under the Assam Finance (Sales Tax) Act, 1956 and the Central Sales Tax Act, 1956? Held that:- Appeal allowed. In the instant case, as already shown, the appellant had from the very beginning taken the stand that its transactions were without any profit-motive. The High Court, in our view, on the materials placed before it, went wrong in dismissing the writ petitions. The legal position being settled as indicated by several decisions of this Court, the writ petitions should have been allowed and the assessments should have been quashed
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