https://www.taxtmi.com/caselaws?id=150050 The High Court upheld the assessment of escaped turnover by the revenue authorities against a dealer in grains and pulses, adding rupees six lakhs to the disclosed turnover for the year 1962-63. Despite the petitioner's claims of honesty and efforts to avoid heavy penalties, the Appellate Tribunal confirmed the assessment, emphasizing the motive to avoid tax. The Court dismissed the petition, emphasizing the significance of maintaining accurate accounts to prevent tax evasion and the severe repercussions for deliberate attempts to evade taxation. en-us Mon, 02 Feb 1970 00:00:00 +0530 Wed, 08 May 2013 12:03:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150050 The High Court upheld the assessment of escaped turnover by the revenue authorities against a dealer in grains and pulses, adding rupees six lakhs to the disclosed turnover for the year 1962-63. Despite the petitioner's claims of honesty and efforts to avoid heavy penalties, the Appellate Tribunal confirmed the assessment, emphasizing the motive to avoid tax. The Court dismissed the petition, emphasizing the significance of maintaining accurate accounts to prevent tax evasion and the severe repercussions for deliberate attempts to evade taxation. Case-Laws VAT and Sales Tax Mon, 02 Feb 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150050