https://www.taxtmi.com/caselaws?id=405210 The Court quashed the Karnataka Appellate Tribunal's order regarding the levy of tax on the sale of apartments, directing reassessment of the petitioner's liability for Value Added Tax based on Supreme Court's directions. The Court emphasized interpreting machinery provisions in alignment with the Supreme Court's ruling on taxing the sale of goods element in works contracts. The decision underscored the importance of aligning tax assessments with established legal principles, ensuring accurate determination of tax obligations under the Karnataka Value Added Tax Act, 2003. en-us Sat, 06 Mar 2021 00:00:00 +0530 Sat, 13 Mar 2021 08:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405210 The Court quashed the Karnataka Appellate Tribunal's order regarding the levy of tax on the sale of apartments, directing reassessment of the petitioner's liability for Value Added Tax based on Supreme Court's directions. The Court emphasized interpreting machinery provisions in alignment with the Supreme Court's ruling on taxing the sale of goods element in works contracts. The decision underscored the importance of aligning tax assessments with established legal principles, ensuring accurate determination of tax obligations under the Karnataka Value Added Tax Act, 2003. Case-Laws VAT and Sales Tax Sat, 06 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405210