2009 (8) TMI 1119

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..... ax Tribunal, Lucknow for the assessment year 1994-95. In the absence of assessee, I have heard Sri Sanjai Sareen learned Standing Counsel for the revisionist and perused the record. From the record, it appears that the assessee is engaged in the manufacturing and sale of Menthol, mentha-crystal etc. A survey was conducted at the business premises of the assessee on 02.08.1994. During the sur .....

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..... ax Tribunal, which was dismissed by the impugned order dated 10.05.2004. Not being satisfied, the department has filed the instant revision. By considered the totality of the facts and circumstances of the case, it appears that the AO has estimated the turnover and levied the tax. The first appellate authority, after examining the books of accounts, has estimated the turnover and reduced the ta .....

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