Allahabad HC upholds tax exemption denial for sale of old cars, dismisses revisions

The Allahabad High Court upheld the assessing authority's decision in a case involving the sale of old cars and vehicles for tax exemption. The Tribunal's decision was overruled, and four revisions were dismissed for lacking merit.

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The Allahabad High Court dismissed four revisions involving the sale of old cars and vehicles for tax exemption based on previous court decisions. The Tribunal allowed the appeal, but the High Court upheld the assessing authority's decision. The revisions were dismissed as they lacked merit. (1999 (9) TMI 920 - ALLAHABAD HIGH COURT)

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