DY. COMMISSIONER OF SALES TAX (LAW) BOARD OF REVENUE (TAXES) v. PADINJARAKARA AGENCIES

Citation: [1985] 2 S.C.R. 851

Court: Supreme Court of India

Bench: P.N. BHAGWATI, RANGANATH MISRA

Case summary

Since the purchases took place before 30th June 1974, the assessee would, in our opinion, liable to be taxed at the rate prevailing at the time when the purchases were made and since the rate at the time was 3%of the sale price, the High Court was right in taking the view...

Judgment text

Since the purchases took place before 30th June 1974, the assessee would, in our opinion, liable to be taxed at the rate prevailing at the time when the purchases were made and since the rate at the time was 3%of the sale price, the High Court was right in taking the view...