https://www.taxtmi.com/caselaws?id=161544 The High Court allowed the revision petition, disagreeing with the Tribunal's decision to add five times the actual suppression in the turnover calculation. The court held that such an addition was unwarranted in the absence of excess stock and penalties. The High Court reinstated the order of the first appellate authority, emphasizing that the assessing authority's method of determining sales turnover was unjustified. en-us Wed, 26 Feb 2003 00:00:00 +0530 Fri, 31 Jan 2014 16:20:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161544 The High Court allowed the revision petition, disagreeing with the Tribunal's decision to add five times the actual suppression in the turnover calculation. The court held that such an addition was unwarranted in the absence of excess stock and penalties. The High Court reinstated the order of the first appellate authority, emphasizing that the assessing authority's method of determining sales turnover was unjustified. Case-Laws VAT and Sales Tax Wed, 26 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161544