https://www.taxtmi.com/caselaws?id=250666 The High Court held that the Tribunal had to properly refer the legal question arising from the interaction of the Maharashtra Lease Tax Act and section 52 of the Bombay Sales Tax Act, 1959, where the characterization of transfer of technical know-how as a "sale" had not been conclusively decided. It directed the Tribunal to draw up a statement of case and refer the framed question of law on the validity of the Tribunal's prospective direction denying tax liability for transactions up to 31.3.2005. The Court also clarified that, if the question is decided against the respondent, its rights under section 52(1) would revive. en-us Thu, 17 Apr 2014 00:00:00 +0530 Tue, 07 Oct 2014 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250666 The High Court held that the Tribunal had to properly refer the legal question arising from the interaction of the Maharashtra Lease Tax Act and section 52 of the Bombay Sales Tax Act, 1959, where the characterization of transfer of technical know-how as a "sale" had not been conclusively decided. It directed the Tribunal to draw up a statement of case and refer the framed question of law on the validity of the Tribunal's prospective direction denying tax liability for transactions up to 31.3.2005. The Court also clarified that, if the question is decided against the respondent, its rights under section 52(1) would revive. Case-Laws VAT and Sales Tax Thu, 17 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250666