Commissioner Vs R.P. Milk Made Products (P) Ltd.
Date: April 5, 2024
Court: High Court
Bench: Allahabad
Type: Appeal
Subject Matter
UPVAT: Plant, Machinery sold after business closure exempt from tax
Summary
The case involves a revision petition filed by the state assailing the order passed by the Tribunal. The main issue revolved around whether the sale of old machinery and other assets after the closure of business is taxable under the amended provisio…
FULL TEXT OF THE JUDGMENT/ORDER OF ALLAHABAD HIGH COURT 1. Heard Sri Ravi Shanker Pandey, learned Additional Chief Standing Counsel for the State/revisionist and Sri R.R. Agarwal, learned Senior Advocate assisted by Sri Nitin Kumar Kesarwani, learned counsel for the assessee/respondent. 2. This revision petition has been filed by the revisionist assailing the order dated March 20, 2023 passed by t…