2014 (3) TMI 241

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..... hief Standing Counsel JUDGMENT (Hon'ble Barin Ghosh, C. J. (Oral)) 1. On 14th April, 2004, a survey was conducted in the eatery of the revisionist assessee, when it transpired that from morning to evening upto about 6:50 PM, the sale was around Rs. 3,000/-. On the basis of the survey report, the Assessing Officer concluded that the daily sale would be about Rs. 20,000/-. Therefore, the Assessin .....

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..... completed when the Assessing Officer was satisfied that the turn over for the said financial year was less than the taxable financial limit. The Appellate Authority fixed the annual turnover for the financial year 2004-2005 at Rs. 12.40 lacs and the Tribunal fixed the same at Rs. 27.75 lacs. The fact remains that while the Appellate Authority proceeded on the basis that the daily sale was Rs. 3,50 .....

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