https://www.taxtmi.com/caselaws?id=158793 The High Court revised the taxable turnover for the assessment year 1978-79 to Rs. 1,50,000, lower than the Tribunal's determination of Rs. 2,00,000. Despite the assessee's failure to maintain proper accounts, the Court found the initial estimate excessive and adjusted the turnover calculation by multiplying the reported turnover by two instead of three. The Court considered the seasonal nature of the business and allowed the assessee's tax case revision, resulting in a reduced taxable turnover. en-us Wed, 20 Sep 1995 00:00:00 +0530 Thu, 07 Nov 2013 14:34:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158793 The High Court revised the taxable turnover for the assessment year 1978-79 to Rs. 1,50,000, lower than the Tribunal's determination of Rs. 2,00,000. Despite the assessee's failure to maintain proper accounts, the Court found the initial estimate excessive and adjusted the turnover calculation by multiplying the reported turnover by two instead of three. The Court considered the seasonal nature of the business and allowed the assessee's tax case revision, resulting in a reduced taxable turnover. Case-Laws VAT and Sales Tax Wed, 20 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158793