https://www.taxtmi.com/caselaws?id=163049 Reassessment under section 21 of the U.P. Trade Tax Act, 1948 could not be sustained on high electricity consumption alone. The Tribunal held that reopening requires positive material showing escapement of turnover, and that a mere mismatch between electricity use and recorded production amounts only to suspicion or conjecture. On that basis, the order of remand was upheld and the tax revision was dismissed, leaving the assessee successful. en-us Mon, 20 Aug 2007 00:00:00 +0530 Thu, 20 Mar 2014 18:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163049 Reassessment under section 21 of the U.P. Trade Tax Act, 1948 could not be sustained on high electricity consumption alone. The Tribunal held that reopening requires positive material showing escapement of turnover, and that a mere mismatch between electricity use and recorded production amounts only to suspicion or conjecture. On that basis, the order of remand was upheld and the tax revision was dismissed, leaving the assessee successful. Case-Laws VAT and Sales Tax Mon, 20 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163049