Appeal dismissed: petitioner denied ITC for electricity used in township maintenance as residential supply; Explanation 1(d) prospective under s.2(17)...
Registration under section 12AA granted where substantive charitable objects for ex-servicemen, incidental commercial activity permitted and profits a...
The SC dismissed the appeal and upheld levy of tax under s.3F(1)(b) of the U.P. Trade Tax Act, 1948, holding that the appellant is liable to pay tax on ink and processing/packing materials used in printing. The Court applied the principle that transfer of property in goods occurs when goods are incorporated in the works, and rejected the "dominant intention" test for works contracts. Because the appellant failed to furnish an itemised breakdown, the Assessing Authority properly assessed value; chemically altered ink and constituent chemicals were held to be transferred as goods. All statutory conditions for levy under s.3F(1)(b) were found satisfied.
The SC dismissed the appeal and upheld levy of tax under s.3F(1)(b) of the U.P. Trade Tax Act, 1948, holding that the appellant is liable to pay tax on ink and processing/packing materials used in printing. The Court applied the principle that transfer of property in goods occurs when goods are incorporated in the works, and rejected the "dominant intention" test for works contracts. Because the appellant failed to furnish an itemised breakdown, the Assessing Authority properly assessed value; chemically altered ink and constituent chemicals were held to be transferred as goods. All statutory conditions for levy under s.3F(1)(b) were found satisfied.
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