Y, a dealer in motorcycles sales a Yahama bike to B. B leaves it possession the bike gets damaged. B sues Y for compensation.
Please give your experts comment on it.
Manoj jain
Menu
Compensation
Replies (1)
Hi manoj, only the physical possession, if, was remaining... Then B cant sue Y in such case, coz bike had already been transferred in the name of B (as u said sales took place and it is assumed that only physical possession was remaining)....
Recent Topic
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
Related Topics
CAclubindia
