https://www.taxtmi.com/caselaws?id=159985 The revision lay only on a question of law, and the assessee's admission of suppressed purchases, coupled with payment of tax and compounding fee, justified reliance by the assessing authority. Once the compounding order had become final and was not challenged in proper proceedings, it could not be treated as non est in collateral revision; at most it was voidable. The finding of suppression and the resulting rejection of the books of account were factual findings, and the best judgment assessment and penalty were sustained on that basis. No interference was warranted in revision. en-us Thu, 20 Aug 1998 00:00:00 +0530 Fri, 06 Dec 2013 14:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159985 The revision lay only on a question of law, and the assessee's admission of suppressed purchases, coupled with payment of tax and compounding fee, justified reliance by the assessing authority. Once the compounding order had become final and was not challenged in proper proceedings, it could not be treated as non est in collateral revision; at most it was voidable. The finding of suppression and the resulting rejection of the books of account were factual findings, and the best judgment assessment and penalty were sustained on that basis. No interference was warranted in revision. Case-Laws VAT and Sales Tax Thu, 20 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159985