https://www.taxtmi.com/caselaws?id=153206 The Court allowed the appeal, holding that the Board of Revenue had insufficient grounds to overturn the Appellate Assistant Commissioner's order on a sales tax assessment for 1971-72. The Court found the Board's estimation of suppressed turnover lacked proper reasoning and factual support, emphasizing the need for a judicial approach in such matters. The appellant successfully argued against the Board's restoration of the original assessment and imposition of a penalty for wilful suppression, with the Court directing costs to be paid and underscoring the significance of accurate assessments in tax matters. en-us Thu, 30 Jul 1981 00:00:00 +0530 Fri, 19 Jul 2013 14:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153206 The Court allowed the appeal, holding that the Board of Revenue had insufficient grounds to overturn the Appellate Assistant Commissioner's order on a sales tax assessment for 1971-72. The Court found the Board's estimation of suppressed turnover lacked proper reasoning and factual support, emphasizing the need for a judicial approach in such matters. The appellant successfully argued against the Board's restoration of the original assessment and imposition of a penalty for wilful suppression, with the Court directing costs to be paid and underscoring the significance of accurate assessments in tax matters. Case-Laws VAT and Sales Tax Thu, 30 Jul 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153206