Sales Tax applicanbility on under construction flats at the time of Booking

C.A. Prem T. Chhatpar Analysis of Supertech Ltd. v. Commissioner of Commercial Tax, UP – Sales Tax Revision 3 of 2017 decided on 6/1/2017– Issue: Whether sales tax attracted merely because the flats were booked by prospective buyers while the same were under construction? Whether K. Raheja and Larsen & Toubro & Ors. judgments universally applicable without regard to the facts and circumstances of the case? The assessee was a developer/builder who had entered into Agreements for Sale of flats while they were under construction. Following K. Raheja 2005 (5) SCC 162 and Larsen an...