https://www.taxtmi.com/caselaws?id=100392 Repeated sales of surplus war material through an organised disposal system, supported by advertisements, auctions, continuity and a profit motive, were treated as carrying on business rather than mere realisation of capital assets. Applying the settled test that business involves a course of dealings marked by continuity, frequency, system and commercial purpose, the majority view held that the Government's Directorate of Disposals was a dealer under section 2(c) of the Bengal Finance (Sales Tax) Act, 1941. Shah J. dissented, considering the activity only a disposal of surplus war equipment and therefore outside the concept of business. en-us Mon, 24 Apr 1967 00:00:00 +0530 Sat, 19 Jul 2014 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100392 Repeated sales of surplus war material through an organised disposal system, supported by advertisements, auctions, continuity and a profit motive, were treated as carrying on business rather than mere realisation of capital assets. Applying the settled test that business involves a course of dealings marked by continuity, frequency, system and commercial purpose, the majority view held that the Government's Directorate of Disposals was a dealer under section 2(c) of the Bengal Finance (Sales Tax) Act, 1941. Shah J. dissented, considering the activity only a disposal of surplus war equipment and therefore outside the concept of business. Case-Laws VAT and Sales Tax Mon, 24 Apr 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100392