2013 (7) TMI 895

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....ent. ORDER This tax case revision, filed at the instance of the Revenue as against the order of the Tribunal, relating to the assessment year 1997-98, was admitted on the following substantial questions of law: "1. Whether, in the facts and circumstances of the case, the Tribunal is legally correct in holding that there is no transfer of property involved in the use of dyes and chemicals used i....

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....he activity in which the transfer of property in goods is too insignificant will not attract the provisions of the said Act ?" It is seen from the order of the Tribunal that in the absence of the production of books of account to prove the transfer of property in the execution of the works contract, the Tribunal held that exemption of 50 per cent. had to be given on total turnover, which would co....