TMI Blog1956 (2) TMI 44X X X X Extracts X X X X X X X X Extracts X X X X ..... ombay(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 the applicants relies on a decision of the Nagpur High Court in Commissi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adras 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 the sales of it is (1) 3 S.T.D. 78. (2) [1955] 6 S.T.C. 136. (3) [1954 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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