High Court Rules Sale of Entire Business Not Automatically Taxable Under VAT Laws; Clarifies Misinterpretation by Assessing Officer. https://www.taxtmi.com/highlights?id=34637 Levy of VAT on sale of Business - AO was completely wrong in thinking that the sale of a business as a whole is taxable simply because such a sale also involves a sale of several items used in the course of business - HC en-us Wed, 03 May 2017 08:45:20 +0530 Wed, 03 May 2017 08:45:20 +0530 TaxTMI RSS Generator High Court Rules Sale of Entire Business Not Automatically Taxable Under VAT Laws; Clarifies Misinterpretation by Assessing Officer. https://www.taxtmi.com/highlights?id=34637 Levy of VAT on sale of Business - AO was completely wrong in thinking that the sale of a business as a whole is taxable simply because such a sale also involves a sale of several items used in the course of business - HC Highlights VAT and Sales Tax Wed, 03 May 2017 08:45:20 +0530 https://www.taxtmi.com/highlights?id=34637