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2013 (6) TMI 198 - HC - VAT and Sales TaxRevision u/s 11(1) - Conduction of surveys - Discrepancies were found in the books of account – AO made additions which was reduced by the first appellate authority to some extent - Held that:- In the absence of the books of accounts, the A.O. was having no option except to made the addition on estimate basis. The First Appellate Authority has also made the addition on estimate basis and reduced the Tax liability but the Tribunal again enhanced the tax liability by making a fresh estimation. Tribunal is a final fact finding authority as per the ratio laid down in the case of Kamla Ganpati vs. Controller of Estate Duty, [2001 (2) TMI 132 - Supreme Court] Thus, it is clear that no question of law is emerging from the impugned order passed by Tribunal. Hence, no interference is required in the impugned order passed by the Tribunal. Order is hereby sustained.
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