Court : Supreme Court
Brief : Judgement in the case of K Raheja Development Corporation has been referred for larger bench
Citation : LARSEN & TOUBRO LIMITED & ANR Vs STATE OF KARNATAKA & ANR [2008-VIL-29-SC]
Karnataka Sales Tax Act - Tripartite Agreement between the plot owner, the developer and the prospective flat buyer - Question which arises for determination is whether the developer had entered into a Tripartite Agreement to construct flats on its own behalf or on behalf of plot owner or on behalf of the prospective flat purchaser – Case of Raheja Development needs reconsideration by the larger Bench
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