https://www.taxtmi.com/caselaws?id=161198 The Tribunal ruled that the transfer of Lakme Ltd.'s sales and marketing unit to Lakme Lever Ltd. constituted an absolute transfer under section 99 of the West Bengal Sales Tax Act. It held that Lakme Lever Ltd. carried on the business through Lakme Ltd. as a trustee, satisfying the conditions of the Act. The Tribunal directed the amendment of Lakme Ltd.'s registration certificate in favor of Lakme Lever Ltd. from January 1, 1996, overturning the decisions of the Assistant Commissioner and Deputy Commissioner. en-us Thu, 12 Feb 1998 00:00:00 +0530 Thu, 09 Jan 2014 16:11:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161198 The Tribunal ruled that the transfer of Lakme Ltd.'s sales and marketing unit to Lakme Lever Ltd. constituted an absolute transfer under section 99 of the West Bengal Sales Tax Act. It held that Lakme Lever Ltd. carried on the business through Lakme Ltd. as a trustee, satisfying the conditions of the Act. The Tribunal directed the amendment of Lakme Ltd.'s registration certificate in favor of Lakme Lever Ltd. from January 1, 1996, overturning the decisions of the Assistant Commissioner and Deputy Commissioner. Case-Laws VAT and Sales Tax Thu, 12 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161198