https://www.taxtmi.com/caselaws?id=151264 Sale proceeds from obsolete machinery and accessories used in a manufacturing business were treated as taxable turnover because the assets had been acquired and used in the trade, the sales occurred only after the goods became unserviceable and needed replacement, and the proceeds were credited to the machinery account. On those facts, the court treated the transactions as incidental or ancillary to the business within the definition of business under the Tamil Nadu General Sales Tax Act. The principle applicable to sales by a trader or manufacturer of business assets was applied, and the line of authority concerning Government auction sales was distinguished. en-us Thu, 21 Apr 1977 00:00:00 +0530 Mon, 03 Jun 2013 14:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151264 Sale proceeds from obsolete machinery and accessories used in a manufacturing business were treated as taxable turnover because the assets had been acquired and used in the trade, the sales occurred only after the goods became unserviceable and needed replacement, and the proceeds were credited to the machinery account. On those facts, the court treated the transactions as incidental or ancillary to the business within the definition of business under the Tamil Nadu General Sales Tax Act. The principle applicable to sales by a trader or manufacturer of business assets was applied, and the line of authority concerning Government auction sales was distinguished. Case-Laws VAT and Sales Tax Thu, 21 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151264