Supreme Court · 1964 INSC 254 · Decided 10 November 1964
K. L. Johar and Company v. Deputy Commercial Tax Officer
- Court
- Supreme Court of India
- Citation
- 1964 INSC 254 · [1965] 2 S.C.R. 112
- Case number
- CIVIL APPEAL No. 245/1963
- Decided
- 10 November 1964
- Bench
- P.B. GAJENDRAGADKAR, K.N. WANCHOO, M. HIDAYATULLAH, RAGHUBAR DAYAL, J.R. MUDHOLKAR (5-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Constitution
Headnote
Madras General Sales Tax Act IX of 1939, Explanation I to s. 2(h)­ Hlre-purchase transactions included in term 'sale'-Validity of Explana­ tlon--Prlce of vehicles for purposes of tax how . to be fixed-Sale when completed. · The appellant carried on hire-purchase business in Motor was that the price of the vehicle would be paid by the appellant to the motor dealer and the vehicle would be hired out to the intending purchaser. The latter had to pay the hire money in instalments and when all the instal­ ments according to the agreement had been paid, he would
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