COMMISSIONER OF INCOME TAX, KOLKATA-II, KOLKATA vs. M/S. BIRLA CORPORATION LTD.

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani

Section 4A of the U.P. Act, 1948 has not authorised the respondent/assessee either to collect the tax component on exempted sales or to retain it and to grant it as state subsidy. 15. Apart from above, once admittedly the amount as shown in the invoices is the sale price of the goods sold by the respondent/assessee to purchasers