1976 (1) TMI 156 - HC - VAT and Sales Tax

Summary

The Allahabad High Court ruled in favor of the assessee in a sales tax case for the year 1962-63. The Court held that the assessee could claim benefit for transactions less than Rs. 5,000 even if the total exceeded Rs. 5,000. The Judge (Revisions) decision was upheld, stating that the declaration in form C was valid for transactions under Rs. 5,000. The reference was answered in the affirmative.