https://www.taxtmi.com/caselaws?id=168991 In a works contract arising from a joint development agreement, land value was treated as not includible in the taxable turnover because the governing legal position, as stated to be covered by the Supreme Court in Larsen and Toubro Limited v. State of Karnataka, placed that component outside the tax base. The issue was therefore decided in favour of the assessee and against the State. The remaining questions were not finally adjudicated in this order and were left open for the Tribunal to consider in accordance with earlier remand directions. en-us Mon, 17 Feb 2014 00:00:00 +0530 Mon, 06 Apr 2015 20:47:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168991 In a works contract arising from a joint development agreement, land value was treated as not includible in the taxable turnover because the governing legal position, as stated to be covered by the Supreme Court in Larsen and Toubro Limited v. State of Karnataka, placed that component outside the tax base. The issue was therefore decided in favour of the assessee and against the State. The remaining questions were not finally adjudicated in this order and were left open for the Tribunal to consider in accordance with earlier remand directions. Case-Laws VAT and Sales Tax Mon, 17 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168991