MANU/SC/0129/1958

IN THE SUPREME COURT OF INDIA

Decided On: 23.09.1958

Appellants: Sales Tax Officer, Banaras and Ors.
Vs.
Respondent: Kanhaiya Lal Mukundlal Saraf

JUDGMENT

Bhagwati, J.

The facts leading up to this appeal lie within a narrow compass. The respondent is a firm registered under the Indian Partnership Act dealing in Bullion, Gold and Silver ornaments and forward contracts in Silver Bullion at Banaras in the State of Uttar Pradesh. For the assessment vears 1948-49, 1949-50 and 1950-51 the Sales Tax Officer, Banaras, the appellant No. 1 herein assessed the respondent to U.P. Sales Tax on its forward transactions in

Buy this document