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2016 (8) TMI 668 - HC - VAT and Sales TaxSuppression of sales turnover - estimation suppressed turnover - ad-hoc addition of 20% - Held that:- Mere one day sales could not be attributed to estimate the whole year without considering the festival season, rainy season and other natural calamities. It is also seen that the first Appellate Authority as well as the second Appellate Authority had considered all the relevant materials and came to the correct conclusion. The Assessing Officer had only relied on the one day sale for making estimation. The Tribunal is correct in holding that the Assessing Officer was wrong in estimating the additions which was solely based on one day sales. - Decision in the case of New Kamaliya Hotel's [2006 (3) TMI 689 - MADRAS HIGH COURT] followed - Decided against the revenue.
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