https://www.taxtmi.com/caselaws?id=234889 An addition for alleged sales suppression under the Tamil Nadu General Sales Tax Act could not rest on a gross profit difference alone. For assessment under Section 12-A, the assessing authority was required to conduct the enquiry contemplated by Rule 18-C, including ascertaining the relevant market price and supporting circumstances before inferring suppression. Because the assessment order merely relied on inspection results and showed no independent enquiry, the profit difference by itself was insufficient to sustain the addition. The revision succeeded in favour of the assessee. en-us Wed, 12 Jun 2013 00:00:00 +0530 Tue, 02 Jul 2013 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234889 An addition for alleged sales suppression under the Tamil Nadu General Sales Tax Act could not rest on a gross profit difference alone. For assessment under Section 12-A, the assessing authority was required to conduct the enquiry contemplated by Rule 18-C, including ascertaining the relevant market price and supporting circumstances before inferring suppression. Because the assessment order merely relied on inspection results and showed no independent enquiry, the profit difference by itself was insufficient to sustain the addition. The revision succeeded in favour of the assessee. Case-Laws VAT and Sales Tax Wed, 12 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234889