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    <title>2011 (3) TMI 1433 - Kerala High Court</title>
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    <description>Suppression of purchases and sales, once proved by evidence, justified estimation of turnover, and the appellate authority&#039;s reduction of the addition to the detected suppression left no substantial question of law for revision. The main challenge therefore failed on merits. The revised demand&#039;s interest component, particularly interest on penalty, was not finally determined and was left for the Assessing Officer to examine, including the period of liability and any rectification or amnesty claim. That limited administrative direction did not affect the dismissal of the revision.</description>
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      <description>Suppression of purchases and sales, once proved by evidence, justified estimation of turnover, and the appellate authority&#039;s reduction of the addition to the detected suppression left no substantial question of law for revision. The main challenge therefore failed on merits. The revised demand&#039;s interest component, particularly interest on penalty, was not finally determined and was left for the Assessing Officer to examine, including the period of liability and any rectification or amnesty claim. That limited administrative direction did not affect the dismissal of the revision.</description>
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      <pubDate>Tue, 15 Mar 2011 00:00:00 +0530</pubDate>
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