Carry On Trade
Legal definition for Indian law research
Definition
Carry on trade, whether trade is carried on by a person at a given place must be determined on a consideration of all the circumstances. No test or set of tests which is or are decisive for all cases can be evolved for determining whether a person carries on trade, at a particular place. Ancillary activities would not amount to carrying on trade within the State, State of Punjab v. Bajaj Electricals, AIR 1968 SC 739 (741): (1968) 2 SCR 536. [Punjab Professions, Trades, Callings and Employment Taxation Act, (7 of 1956), s. 3]
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