https://www.taxtmi.com/caselaws?id=149738 Inflated figures stated in an application to another department did not, by themselves, establish suppression of taxable turnover under the Tamil Nadu General Sales Tax Act, where the books correctly recorded the raw material received and used and the allotments granted were duly accounted for. The exaggeration was used only to seek a higher import quota and was not accepted by the granting authority. Moral impropriety in a separate application was held insufficient to justify reassessment or penalty on a theory of escaped assessment, and concluded assessments could not be reopened on mere suspicion when no material supported suppression. en-us Mon, 19 Jan 1970 00:00:00 +0530 Thu, 02 May 2013 17:58:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149738 Inflated figures stated in an application to another department did not, by themselves, establish suppression of taxable turnover under the Tamil Nadu General Sales Tax Act, where the books correctly recorded the raw material received and used and the allotments granted were duly accounted for. The exaggeration was used only to seek a higher import quota and was not accepted by the granting authority. Moral impropriety in a separate application was held insufficient to justify reassessment or penalty on a theory of escaped assessment, and concluded assessments could not be reopened on mere suspicion when no material supported suppression. Case-Laws VAT and Sales Tax Mon, 19 Jan 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149738