https://www.taxtmi.com/caselaws?id=150654 The court ruled in favor of the assessee in a tax case involving disputed turnovers related to the sale price of forest produce and bamboos. It held that the delivery of bamboos to a specific company was not a sale but fulfillment of contractual obligations, overturning the assessment on this turnover. The court directed a reevaluation of the suppressed turnover in forest produce sales, emphasizing the need to consider the closing stock for accurate assessment. The judgment partly allowed the tax case, with no cost orders, and allowed parties to present additional evidence if required. en-us Wed, 02 May 1973 00:00:00 +0530 Mon, 20 May 2013 18:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150654 The court ruled in favor of the assessee in a tax case involving disputed turnovers related to the sale price of forest produce and bamboos. It held that the delivery of bamboos to a specific company was not a sale but fulfillment of contractual obligations, overturning the assessment on this turnover. The court directed a reevaluation of the suppressed turnover in forest produce sales, emphasizing the need to consider the closing stock for accurate assessment. The judgment partly allowed the tax case, with no cost orders, and allowed parties to present additional evidence if required. Case-Laws VAT and Sales Tax Wed, 02 May 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150654