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2014 (4) TMI 990 - HC - VAT and Sales TaxEscaped turnover - Satisfactory explanation of sale omissions in assessment – Held that:- Admittedly the assessee had all the information with it and there was no satisfactory explanation for the non-production - All that the assessee explained before the Court was that the computerized system was with the CA, hence the assessee was not able to produce the same before the authorities below - But this kind of explanation does not satisfy the requirements of law - No justifiable ground found to accept the plea of the assessee – A circular could not stand in the way of assessing the escaped turnover in the context of the materials available warranting such a revision of assessment - In the circumstances, the Tax Case Revision stands dismissed – Decided against assessee.
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