TMI Blog1994 (7) TMI 314X X X X Extracts X X X X X X X X Extracts X X X X ..... also identical. They are, therefore, disposed of by this common judgment. T.R.C. No. 202 of 1989 is directed against the order of the Sales Tax Appellate Tribunal dated July 19, 1989 in T.A. No. 688 of 1985. T.R.C. No. 205 of 1989 is directed against the order of the Sales Tax Appellate Tribunal dated July 19, 1989 in T.A. No. 487 of 1986. Mr. Murthy, learned counsel for the petitioners, raised ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. During these assessment years, what the assessee did was that he sold the beer bottles to a sister concern at a low price and repurchased the same from it at a higher price and sold them in the market. Thus it showed the first sale at low price to reduce the turnover and as the second sale was not taxable it showed the actual price for the turnover of the second sale. This scheme of the petitio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... were initiated under section 14(4) of the Act but not under section 14-B. Further there was no estimation of price under section 14-B; it was a case of ignoring the first sale as not being genuine. Therefore, the first contention is wholly misconceived and untenable. In so far as the second contention is concerned, inasmuch as the proceedings relating to reopening of the assessment had become fina ..... X X X X Extracts X X X X X X X X Extracts X X X X
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