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of <h1>High Court affirms Tribunal's decision on turnover, citing reasonable contract interpretation.</h1> <h3>State of Tamil Nadu Versus Vimal Industries</h3> State of Tamil Nadu Versus Vimal Industries - [1999] 116 STC 329 (Mad) The High Court of Madras upheld the order of the Sales Tax Appellate Tribunal, which had deleted a turnover amount based on the separate treatment of transport charges in a contract. The Court found the Tribunal's interpretation of the contract reasonable and ruled in favor of the assessee, dismissing the revision petition without costs. (Case citation: 1991 (7) TMI 365 - MADRAS HIGH COURT)
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