https://www.taxtmi.com/caselaws?id=99241 The scope of an advisory reference under section 25 of the Bihar Sales Tax Act, 1947 was confined to the question actually referred, so grounds not raised before the taxing authorities or the High Court could not be added before the Supreme Court. The machinery and equipment arrangement was treated on its substance as a sale rather than a hiring, because the corporation supplied the assets at an agreed price payable in instalments, retained title until full payment, and the contractors had no unrestricted right to return the goods. The transaction was therefore a sale within section 2(g), and the assessment was sustained. en-us Mon, 21 Nov 1960 00:00:00 +0530 Thu, 04 Sep 2014 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99241 The scope of an advisory reference under section 25 of the Bihar Sales Tax Act, 1947 was confined to the question actually referred, so grounds not raised before the taxing authorities or the High Court could not be added before the Supreme Court. The machinery and equipment arrangement was treated on its substance as a sale rather than a hiring, because the corporation supplied the assets at an agreed price payable in instalments, retained title until full payment, and the contractors had no unrestricted right to return the goods. The transaction was therefore a sale within section 2(g), and the assessment was sustained. Case-Laws VAT and Sales Tax Mon, 21 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99241