https://www.taxtmi.com/caselaws?id=158278 Sales suppression addition was deleted where the assessee later produced the purchase bill and satisfactorily explained that the goods were entered in the accounts subsequently, as the inspection had been acted on without further opportunity to explain. By contrast, additions based on unregistered places of business and stock discrepancies were restored because the assessee kept no stock accounts and failed to prove from reliable records that the disputed stocks had already been accounted for. The corresponding equal additions for probable omission were not restored, and the existing penalty was left undisturbed, as no separate basis for interference or enhancement was made out. en-us Thu, 21 Sep 1995 00:00:00 +0530 Sat, 19 Oct 2013 15:07:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158278 Sales suppression addition was deleted where the assessee later produced the purchase bill and satisfactorily explained that the goods were entered in the accounts subsequently, as the inspection had been acted on without further opportunity to explain. By contrast, additions based on unregistered places of business and stock discrepancies were restored because the assessee kept no stock accounts and failed to prove from reliable records that the disputed stocks had already been accounted for. The corresponding equal additions for probable omission were not restored, and the existing penalty was left undisturbed, as no separate basis for interference or enhancement was made out. Case-Laws VAT and Sales Tax Thu, 21 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158278