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1980 (7) TMI 224 - SUPREME COURTWhether the assessing authority has acted without power in including in its total turnover certain amounts recovered by the petitioner from its customers as tentative deposits on the sale of goods made to them? Held that:- Writ petitions are allowed and the assessment orders are quashed in so far as they include the amounts recovered as "deposits" in the total turnover of the petitioner for the assessment years 1970-71 and 1971-72.
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