https://www.taxtmi.com/caselaws?id=219811 Sale proceeds from used cars acquired for office use were not includible in taxable turnover under the Delhi Sales Tax Act because the vehicles were capital assets, not trading stock, and their later disposal was not shown to be incidental or ancillary to the assessee's manufacturing business. The text applies strict construction of taxing statutes and treats the prior taxation of the vehicles at purchase as reinforcing the absence of a sufficient business nexus for taxing the subsequent sale as business turnover. en-us Fri, 14 Dec 2012 00:00:00 +0530 Tue, 29 Jul 2014 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219811 Sale proceeds from used cars acquired for office use were not includible in taxable turnover under the Delhi Sales Tax Act because the vehicles were capital assets, not trading stock, and their later disposal was not shown to be incidental or ancillary to the assessee's manufacturing business. The text applies strict construction of taxing statutes and treats the prior taxation of the vehicles at purchase as reinforcing the absence of a sufficient business nexus for taxing the subsequent sale as business turnover. Case-Laws VAT and Sales Tax Fri, 14 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219811