[ compiled answer ]
law as at 14 Aug 2026 · judicial
What did Formula One hold about disposal of a place?
The compiled answer
A place can be at the enterprise's disposal without ownership, lease or exclusive possession — the Buddh International Circuit was at FOWC's disposal for the duration of its access, and the brevity of that access did not matter: Formula One World Championship Ltd v. CIT, (2017) 394 ITR 80 (SC). Disposal turns on access and control, not title.
Pinpoint
Formula One World Championship Ltd v. CIT (IT), (2017) 394 ITR 80 (SC), para 58
String-verified quote
“Fixed place of business in the form of physical location, i.e. Buddh International Circuit, was at the disposal of FOWC through which it conducted business.”
source: ledger:FORMULA-ONE — verified at load; a quote that stops matching its source is a compile error
Computed by a deterministic engine over compiled law — no generative model in the evaluation path. JSON twin: /t/formula_one_disposal_holding.json · Ask with YOUR facts: GET /compute?lookup=… · MCP: POST https://lrlabs.ai/mcp (lookup_compiled_rule)