https://www.taxtmi.com/caselaws?id=159115 The court reduced the addition to turnover from 70% to 40% and maintained the 20% addition to declared sales in a tax revision case involving a manufacturer of aluminium vessels. The court found errors in the initial assessment of stock quantities and noted that selling at different prices to different customers does not necessarily constitute undervaluation. The authorities were directed to proceed with the revised additions as per the court's judgment, concluding the case. en-us Fri, 27 Sep 1996 00:00:00 +0530 Fri, 15 Nov 2013 18:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159115 The court reduced the addition to turnover from 70% to 40% and maintained the 20% addition to declared sales in a tax revision case involving a manufacturer of aluminium vessels. The court found errors in the initial assessment of stock quantities and noted that selling at different prices to different customers does not necessarily constitute undervaluation. The authorities were directed to proceed with the revised additions as per the court's judgment, concluding the case. Case-Laws VAT and Sales Tax Fri, 27 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159115