https://www.taxtmi.com/caselaws?id=164608 Loose papers found during survey were accepted as projected figures prepared to obtain higher bank cash credit facilities, not as evidence of actual sales. The first appellate authority and the Tribunal treated the explanation as credible and held that the figures did not represent real turnover. That finding was treated as one of fact, so revisional interference was not justified absent perversity or lack of basis. The statutory provision on reliance upon documents did not override the factual conclusion that the papers did not reflect actual sales. The disputed documents therefore could not support reopening or reassessment on the footing of undisclosed turnover. en-us Tue, 01 Dec 2009 00:00:00 +0530 Mon, 28 Apr 2014 12:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164608 Loose papers found during survey were accepted as projected figures prepared to obtain higher bank cash credit facilities, not as evidence of actual sales. The first appellate authority and the Tribunal treated the explanation as credible and held that the figures did not represent real turnover. That finding was treated as one of fact, so revisional interference was not justified absent perversity or lack of basis. The statutory provision on reliance upon documents did not override the factual conclusion that the papers did not reflect actual sales. The disputed documents therefore could not support reopening or reassessment on the footing of undisclosed turnover. Case-Laws VAT and Sales Tax Tue, 01 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164608