https://www.taxtmi.com/caselaws?id=154556 The Madras High Court upheld the Tribunal's decision in tax revision cases involving the State Trading Corporation's taxable turnovers for assessment years 1979-80 and 1980-81. The Court determined that transactions with Civil Supplies Corporations were agency transactions, not inter-State sales as contended by the revenue. Emphasizing the agreement's terms, the Court dismissed the revenue's argument and highlighted the distinction between sales and agency contracts. The judgment affirmed the Tribunal's findings, emphasizing the importance of agreement provisions in determining transaction nature and rejecting interference in the Tribunal's orders. en-us Thu, 24 Jan 1985 00:00:00 +0530 Fri, 23 Aug 2013 15:52:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154556 The Madras High Court upheld the Tribunal's decision in tax revision cases involving the State Trading Corporation's taxable turnovers for assessment years 1979-80 and 1980-81. The Court determined that transactions with Civil Supplies Corporations were agency transactions, not inter-State sales as contended by the revenue. Emphasizing the agreement's terms, the Court dismissed the revenue's argument and highlighted the distinction between sales and agency contracts. The judgment affirmed the Tribunal's findings, emphasizing the importance of agreement provisions in determining transaction nature and rejecting interference in the Tribunal's orders. Case-Laws VAT and Sales Tax Thu, 24 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154556