https://www.taxtmi.com/caselaws?id=159218 The Court modified the Tribunal's order, reducing the turnover estimation from three times the running stock to two times the running stock in a case involving a jewellery business. The Court considered factors such as suppression and discrepancies, ultimately aiming to serve the interest of justice. The revision was partly allowed, and a related petition was dismissed, emphasizing the need for a nuanced approach in turnover estimation assessments for businesses like jewellery firms. en-us Fri, 27 Jun 1997 00:00:00 +0530 Mon, 18 Nov 2013 15:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159218 The Court modified the Tribunal's order, reducing the turnover estimation from three times the running stock to two times the running stock in a case involving a jewellery business. The Court considered factors such as suppression and discrepancies, ultimately aiming to serve the interest of justice. The revision was partly allowed, and a related petition was dismissed, emphasizing the need for a nuanced approach in turnover estimation assessments for businesses like jewellery firms. Case-Laws VAT and Sales Tax Fri, 27 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159218