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2001 (7) TMI 1253 - HC - VAT and Sales Tax
Extract:
.......mber 25, 1999 and June 5, 2000 (annexure A) in both the writ petitions are quashed. It is made clear that if the petitioner carries on any transaction of the nature falling under para 10(i) above, the assessing authority will be at liberty to take action to bring such transactions to tax under section 5-C, in accordance with law. Petitions allowed.