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At break-even point of 400 units sold the variable costs were Rs. 400 and the fixed costs were Rs.200. What will be the 401 units sold contributing to profit before income tax?
(a) Rs. 0.00(b) Rs. 0.50(c) Rs. 1.00(d) Rs. 1.50(e) None of these
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Obviously, the SC feels the issue of whether the Department was a "buyer in ordinary course" is central to this case, even though conflicting case law can be found. What criteria does the SC list in its own analysis, and what is their ultimate decis..
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