1956 (2) TMI 44

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.... in the case of Messrs. Login Dawlat Corporation Ltd. v. The State of Bombay(1). The motor car in this case was purchased for the use of the managing director of the firm, and the cost of its purchase and the proceeds of its sale were debited and credited in the firm's books of account. The car was actually shown as a part of the assets of the company, and it was sold at a profit. Shri Dalal for t....

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....ey could not be treated as dealers in buses within the meaning of the Madras General Sales Tax Act, 1939. In the present case, however, the applicants had been already registered as dealers, and we do not think that this decision is of any guidance in the present case. Shri Dalal has further argued that when the motor car in question was pur- chased originally sales tax had to be paid, and that if....