https://www.taxtmi.com/caselaws?id=165359 Quotations recovered during inspection could not, by themselves, be treated as sales where no sale bills were issued and no material showed actual transactions with buyers or contractors. The Tribunal held that the assessing authority had merely treated the quotation book as a sale bill without independent verification, and it deleted the estimated turnover and consequential tax addition. The HC found no error or illegality in that approach and held that no substantial question of law arose. The revision was therefore dismissed in favour of the assessee. en-us Wed, 11 Nov 2009 00:00:00 +0530 Wed, 02 Jul 2014 10:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165359 Quotations recovered during inspection could not, by themselves, be treated as sales where no sale bills were issued and no material showed actual transactions with buyers or contractors. The Tribunal held that the assessing authority had merely treated the quotation book as a sale bill without independent verification, and it deleted the estimated turnover and consequential tax addition. The HC found no error or illegality in that approach and held that no substantial question of law arose. The revision was therefore dismissed in favour of the assessee. Case-Laws VAT and Sales Tax Wed, 11 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165359