https://www.taxtmi.com/caselaws?id=156959 Sale of a used truck by a forest contractor was treated as incidental to business, so the resale proceeds were taxable under the charging provision. The court applied the settled principle that disposal of a business asset after use remains connected with the business, and the assessee could not avoid tax merely because its main activity was forest contracting. However, the motor chassis purchased from a registered dealer retained its tax-paid identity under section 2(r)(ii), and the wooden body could be separately valued. Exemption was therefore allowed for the chassis, with only the body value, after depreciation, included in taxable turnover. en-us Tue, 02 Dec 1986 00:00:00 +0530 Thu, 26 Sep 2013 16:27:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156959 Sale of a used truck by a forest contractor was treated as incidental to business, so the resale proceeds were taxable under the charging provision. The court applied the settled principle that disposal of a business asset after use remains connected with the business, and the assessee could not avoid tax merely because its main activity was forest contracting. However, the motor chassis purchased from a registered dealer retained its tax-paid identity under section 2(r)(ii), and the wooden body could be separately valued. Exemption was therefore allowed for the chassis, with only the body value, after depreciation, included in taxable turnover. Case-Laws VAT and Sales Tax Tue, 02 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156959