TMI Blog1995 (4) TMI 273X X X X Extracts X X X X X X X X Extracts X X X X ..... g the assessment year 1981-82 the petitioner had purchased Indian-made foreign liquor from local dealers as well as from outside the State. According to the petitioner, he is not liable to pay sales tax in respect of purchases made from local dealers since Indian-made foreign liquor is taxable at single point, at the point of first sale in the State of Kerala. His liability is confined to the sale ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or probable omission as well as the estimate of 40 per cent gross profit. The order confined the addition to 10 per cent of the taxable turnover declared by the petitioner, viz., Rs. 86,000 and consequently the taxable turnover was reduced to Rs. 94,600 from Rs. 1,50,620. On appeal by the Revenue before the Appellate Tribunal, the Tribunal allowed the appeal and set aside the order of the Appellat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imate or restoring the estimate made by the assessing authority. The Division Bench set aside the order of the Tribunal on the ground that no reasons were given by the Tribunal before entering into the findings. The facts on hand would not in any way attract the ratio laid down by the said decision. It is only in cases where the Tribunal without giving reasons interferes with the order of the firs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... certain irregularities have been noted and therefore, the Sales Tax Officer rejected the accounts submitted by the assessee as incorrect and estimated the total and taxable turnover as Rs. 23,66,043.70 and Rs. 1,50,620 respectively. The Tribunal found that if the basis adopted by the Appellate Assistant Commissioner is adopted, the taxable turnover will be below the purchase value of goods sold, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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