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2014 (7) TMI 1092 - KARNATAKA HIGH COURTLevy of tax on the sale of used Car under Karnataka Value Added Tax - Held that:- Assessee is a dealer in wood and wood products. He is not selling cars occasionally every year. The car, which he has sold is a solitary transaction. It is nothing to do with the business, which is being carried on by him. It is not sale of business nature. There is no profit motivein the sale of the said car. Under those circumstances, the Tribunal was justified in setting aside the order passed by the Authorities holding the sale of a car as a solitary transaction would not make him a dealer or a casual dealer under the Act. Therefore, we do not see any merits in this petition. - Decided against Revenue.
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