https://www.taxtmi.com/caselaws?id=151508 An organisation constituted solely for scientific research was held not to be carrying on "business" under section 2(d) of the Tamil Nadu General Sales Tax Act, 1959 when it purchased cotton for consumption in research and sold only the incidental cotton yarn and cotton waste generated from that process. The court reasoned that, although the statutory definition of business is wide and extends to trade, commerce and manufacture, transactions undertaken exclusively for research do not acquire that character merely because incidental by-products are sold. The purchases and resultant sales were therefore not taxable sales under the Act. en-us Wed, 19 Jan 1977 00:00:00 +0530 Thu, 06 Jun 2013 17:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151508 An organisation constituted solely for scientific research was held not to be carrying on "business" under section 2(d) of the Tamil Nadu General Sales Tax Act, 1959 when it purchased cotton for consumption in research and sold only the incidental cotton yarn and cotton waste generated from that process. The court reasoned that, although the statutory definition of business is wide and extends to trade, commerce and manufacture, transactions undertaken exclusively for research do not acquire that character merely because incidental by-products are sold. The purchases and resultant sales were therefore not taxable sales under the Act. Case-Laws VAT and Sales Tax Wed, 19 Jan 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151508