https://www.taxtmi.com/caselaws?id=164490 The Court allowed the State's revision, modifying the Tribunal's decision to reinstate the gross profit rate set by the first appellate authority at 37%. The judgment emphasized the need for consistency and reasonableness in profit estimations, particularly in retail trade cases with pricing variations influenced by factors like hotel status and local competition. en-us Thu, 22 Oct 2009 00:00:00 +0530 Fri, 25 Apr 2014 10:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164490 The Court allowed the State's revision, modifying the Tribunal's decision to reinstate the gross profit rate set by the first appellate authority at 37%. The judgment emphasized the need for consistency and reasonableness in profit estimations, particularly in retail trade cases with pricing variations influenced by factors like hotel status and local competition. Case-Laws VAT and Sales Tax Thu, 22 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164490