https://www.taxtmi.com/caselaws?id=166525 The High Court partly allowed the revision against the Tamil Nadu Sales Tax Appellate Tribunal's order for the assessment year 1996-97. The Court upheld the actual suppression assessment but found insufficient evidence for the equal addition for probable omission. It concluded that the penalty was justified based on admitted stock differences and suppression but deleted the addition for probable omission due to lack of evidence of habitual suppressed transactions. The Court ruled in favor of the petitioner, removing the addition equal to the actual suppression without imposing costs. en-us Fri, 10 Jun 2011 00:00:00 +0530 Wed, 08 Oct 2014 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166525 The High Court partly allowed the revision against the Tamil Nadu Sales Tax Appellate Tribunal's order for the assessment year 1996-97. The Court upheld the actual suppression assessment but found insufficient evidence for the equal addition for probable omission. It concluded that the penalty was justified based on admitted stock differences and suppression but deleted the addition for probable omission due to lack of evidence of habitual suppressed transactions. The Court ruled in favor of the petitioner, removing the addition equal to the actual suppression without imposing costs. Case-Laws VAT and Sales Tax Fri, 10 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166525