Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2010 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (5) TMI 764 - HC - VAT and Sales TaxWhether the transfer of motor car by the firm to its partners constitutes a 'sale' under section 2(28) of the Bombay Sales Tax Act, 1959 and therefore, liable to tax? Held that:- It is not possible to hold that the transfer of motor car by the firm to its partner constitutes a sale under section 2(28) of the BST Act, 1959 and therefore, liable to tax. Therefore, the question referred hereinabove is answered in favour of the applicant/assessee and against the respondent/Revenue.
|