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L&T Case: SC Strikes Down Multi-point Levy of Turnover Tax on Works Contract [Read Judgment]
Ashok KM
7 Sept 2016 3:01 PM IST
The Supreme Court in Larsen & Toubro Limited Vs. Additional Deputy Commissioner Of Commercial Taxes & Anr. has held that the value of the work entrusted to the sub-contractors or payments made to them shall not be taken into consideration while computing total turnover for the purposes of Section 6-B of the Karnataka Sales Tax Act.The apex court Bench comprising Justice A.K. Sikri...
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![L&T Case: SC Strikes Down Multi-point Levy of Turnover Tax on Works Contract [Read Judgment] L&T Case: SC Strikes Down Multi-point Levy of Turnover Tax on Works Contract [Read Judgment]](https://www.livelaw.in/cms/wp-content/uploads/2015/09/SC-Supreme-Court-of-India.jpg)