Rejection of books of accounts - undervaluation of sales ...

Court Dismisses Revenue's Claims on Assessee's Sales Turnover, Finds No Evidence of Abnormality or Inconceivability.

February 22, 2017

Case Laws VAT and Sales Tax HC

Rejection of books of accounts - undervaluation of sales turnover - permissible transportation loss - there was nothing on record for the revenue to hold that the figures disclosed by the assessee were abnormally high or that it was otherwise inconceivable. - HC

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Rejection of books of accounts - undervaluation of sales ...

Court Dismisses Revenue's Claims on Assessee's Sales Turnover, Finds No Evidence of Abnormality or Inconceivability.

February 22, 2017

Case Laws VAT and Sales Tax HC

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