https://www.taxtmi.com/caselaws?id=158728 The Court modified the Tribunal's decision in a case involving a jewelry business, reducing the estimated turnover from 2 times to 1 1/2 times the running stock value for the assessment year 1988-89. The Court disagreed with the Government Pleader's argument on the suppression amount and the assessee's contention on actual suppression, considering the inspection timing and admitted suppression. The revision was partly allowed, resulting in a partial success for the petitioner. en-us Wed, 19 Feb 1997 00:00:00 +0530 Wed, 06 Nov 2013 12:33:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158728 The Court modified the Tribunal's decision in a case involving a jewelry business, reducing the estimated turnover from 2 times to 1 1/2 times the running stock value for the assessment year 1988-89. The Court disagreed with the Government Pleader's argument on the suppression amount and the assessee's contention on actual suppression, considering the inspection timing and admitted suppression. The revision was partly allowed, resulting in a partial success for the petitioner. Case-Laws VAT and Sales Tax Wed, 19 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158728