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2015 (5) TMI 497 - HC - VAT and Sales TaxWaiver of pre deposit - Held that:- petitioner was served with proper notice and objection submitted by him was duly considered and it was thereafter, that the proceedings were finalized by the assessing authority vide Ext.P4. In spite of giving an opportunity to produce the relevant records, the petitioner/assessee did not file any profit and loss and the Balance Sheet involving the correct turnover for the year 2009-2010. It was accordingly, that 50% addition was made to the reported turnover and the proceedings were finalized. The proceedings filed before the appellate authority were considered by the said authority. The objection raised from the part of the petitioner was also discussed and it was thereafter that, Ext.P7 order was passed also referring to the merits of the case as given in the concluding paragraph, just above the order portion. - Court does not find any reason to call for interference as the appellate authority has exercised the discretion in a proper manner. Interference is declined and the writ petition is dismissed. Since the time limit fixed is already over, the petitioner is granted a further time of 'three weeks' to comply with the condition imposed so as to avail the benefit of interim stay. - Petition disposed of.
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