https://www.taxtmi.com/caselaws?id=282487 The High Court of Karnataka ruled in favor of the respondent-assessee in a case involving taxation of Iron and Steel in works contracts and deduction of land value in a Joint Development Agreement. The court relied on previous judgments and agreements between the parties, concluding in favor of the respondent on both issues. Additionally, the court acknowledged the payment of VAT/Sales Tax by the respondent-developer, leaving room for verification if required. en-us Thu, 13 Feb 2014 00:00:00 +0530 Fri, 09 Aug 2019 13:56:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282487 The High Court of Karnataka ruled in favor of the respondent-assessee in a case involving taxation of Iron and Steel in works contracts and deduction of land value in a Joint Development Agreement. The court relied on previous judgments and agreements between the parties, concluding in favor of the respondent on both issues. Additionally, the court acknowledged the payment of VAT/Sales Tax by the respondent-developer, leaving room for verification if required. Case-Laws VAT and Sales Tax Thu, 13 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282487