https://www.taxtmi.com/caselaws?id=239383 The High Court overturned the Sales Tax Appellate Tribunal's decision to reinstate an assessment order for the year 1994-95, which was based on discrepancies found in the assessee's stock during an inspection. The Tribunal's reliance on the initial stock statement was challenged by the assessee, who presented a subsequent letter from a bank confirming lower stock quantities. The High Court held that the bank's letter, being under its custody, was more reliable, setting aside the Tribunal's decision and ruling in favor of the assessee in the Tax Case (Revision). en-us Wed, 07 Aug 2013 00:00:00 +0530 Tue, 12 Nov 2013 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239383 The High Court overturned the Sales Tax Appellate Tribunal's decision to reinstate an assessment order for the year 1994-95, which was based on discrepancies found in the assessee's stock during an inspection. The Tribunal's reliance on the initial stock statement was challenged by the assessee, who presented a subsequent letter from a bank confirming lower stock quantities. The High Court held that the bank's letter, being under its custody, was more reliable, setting aside the Tribunal's decision and ruling in favor of the assessee in the Tax Case (Revision). Case-Laws VAT and Sales Tax Wed, 07 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239383