https://www.taxtmi.com/caselaws?id=157636 The High Court upheld the Sales Tax Appellate Tribunal's decision in a case involving assessment under the Kerala General Sales Tax Act, 1963 for the year 1987-88. The Court dismissed the revision petition, affirming the original assessment order based on discrepancies in stock and suppression. It emphasized that compounding proceedings are relevant but not conclusive in assessment proceedings, clarifying the distinction between the two. The Court found the Appellate Assistant Commissioner's reliance on insufficient evidence unjustified, leading to the dismissal of the revision. en-us Mon, 05 Jul 1993 00:00:00 +0530 Tue, 08 Oct 2013 17:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157636 The High Court upheld the Sales Tax Appellate Tribunal's decision in a case involving assessment under the Kerala General Sales Tax Act, 1963 for the year 1987-88. The Court dismissed the revision petition, affirming the original assessment order based on discrepancies in stock and suppression. It emphasized that compounding proceedings are relevant but not conclusive in assessment proceedings, clarifying the distinction between the two. The Court found the Appellate Assistant Commissioner's reliance on insufficient evidence unjustified, leading to the dismissal of the revision. Case-Laws VAT and Sales Tax Mon, 05 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157636