https://www.taxtmi.com/caselaws?id=165093 Annual maintenance contracts for computer maintenance were treated as involving a taxable transfer of property in goods where spares and replacement parts were supplied to replace burnt-out components, so the sale element attracted tax under section 3B of the Tamil Nadu General Sales Tax Act, 1959. For the assessment years in question, the Court also accepted a 25% basis for valuing the materials used in execution of the contracts, noting the age of the assessments and the impracticability of fresh verification. The revisions were disposed of by sustaining taxability and substituting the valuation adopted below with the 25% basis. en-us Thu, 02 Sep 2010 00:00:00 +0530 Thu, 25 Sep 2014 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165093 Annual maintenance contracts for computer maintenance were treated as involving a taxable transfer of property in goods where spares and replacement parts were supplied to replace burnt-out components, so the sale element attracted tax under section 3B of the Tamil Nadu General Sales Tax Act, 1959. For the assessment years in question, the Court also accepted a 25% basis for valuing the materials used in execution of the contracts, noting the age of the assessments and the impracticability of fresh verification. The revisions were disposed of by sustaining taxability and substituting the valuation adopted below with the 25% basis. Case-Laws VAT and Sales Tax Thu, 02 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165093