1996 (6) TMI 322

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....MED QUADRI, J.-The State is the petitioner in this tax revision case. It challenges the validity of the order of the Tribunal in T.A. No. 1107 of 1979 dated December 17, 1986. The dispute relates to the assessment year 1972-73 and it arose under the Central Sales Tax Act, 1956 (for short, "the Act"). The short question that arises for consideration in this case, is whether the Food Corporation of ....

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....ood before the amendment of section 2(b) by Act 103 of 1976, profit-motive was a necessary ingredient of "business" under the Act. In the instant case, a finding is recorded to the effect that the FCI was distributing the fertilizers as per allotment made by the Agriculture Department to the States or their nominees and that there was no profit-motive. In view of those findings it cannot but be he....