https://www.taxtmi.com/caselaws?id=68874 An estimated 10% wastage allowance in turnover computation was upheld because the assessee produced no reliable material to justify a higher estimate, and the record showed the appellate authority had intended and applied that figure. The assessee's proposed formula for allocating outside-State purchases to inter-State sales was rejected as vague and unsupported by books or specific data, leaving the authorities free to adopt a reasonable method based on available material. The plea that goods already subjected to Central Sales Tax could not be taxed again under local sales tax law also failed, as single point levy operates within each State and there was no factual foundation for the alleged prior tax payment. en-us Tue, 22 Jul 1975 00:00:00 +0530 Sat, 02 Apr 2011 11:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68874 An estimated 10% wastage allowance in turnover computation was upheld because the assessee produced no reliable material to justify a higher estimate, and the record showed the appellate authority had intended and applied that figure. The assessee's proposed formula for allocating outside-State purchases to inter-State sales was rejected as vague and unsupported by books or specific data, leaving the authorities free to adopt a reasonable method based on available material. The plea that goods already subjected to Central Sales Tax could not be taxed again under local sales tax law also failed, as single point levy operates within each State and there was no factual foundation for the alleged prior tax payment. Case-Laws Income Tax Tue, 22 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68874