In a recent ruling, the Supreme Court of India has ruled that, agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’ and hence liable to be taxed under Karnataka Sales Tax Act. A writ petition is filed before the Apex Court questioning the competence of the State Government to […]
The post Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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