Supreme Court Dismisses Financier's Appeal in U.P. Motor Vehicles Taxation Act Case, Upholding Tax Liability for Financier-in-Possession. Financier Qualifies as 'Owner' Under Section 2(h) and Must Pay Tax in Advance Under Section 4, with Refund Available Under Section 12 for Non-Use, Irrespective of Actual Use or Registration Status....
The appeal arose from a judgment of the Full Bench of the High Court of Judicature at Allahabad, Bench Lucknow, which dismissed a writ petition filed by the appellant financier. The appellant, Mahindr...
