https://www.taxtmi.com/caselaws?id=157006 Suppressed turnover may be estimated for the full year when an inspection and surrounding material show material understatement of sales and purchases. Here, cash in hand, missing supporting bills, and improper account maintenance supported the conclusion that the returned turnover was materially lower than the actual turnover. On that evidence, the authorities were justified in estimating suppressed sales and purchases and levying sales tax on the suppressed turnover. The High Court sustained the finding of suppression and upheld the estimate as supported by relevant material. en-us Tue, 09 Feb 1993 00:00:00 +0530 Fri, 27 Sep 2013 16:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157006 Suppressed turnover may be estimated for the full year when an inspection and surrounding material show material understatement of sales and purchases. Here, cash in hand, missing supporting bills, and improper account maintenance supported the conclusion that the returned turnover was materially lower than the actual turnover. On that evidence, the authorities were justified in estimating suppressed sales and purchases and levying sales tax on the suppressed turnover. The High Court sustained the finding of suppression and upheld the estimate as supported by relevant material. Case-Laws VAT and Sales Tax Tue, 09 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157006