https://www.taxtmi.com/caselaws?id=166304 The Court dismissed the tax case revision, affirming the Sales Tax Appellate Tribunal's decision to modify the appeal without providing specific findings. The Tribunal's actions in sustaining additions and setting aside penalties due to stock variations were upheld. The Court rejected the argument that penalty imposition should follow stock variation admission, emphasizing that the Tribunal's decision was appropriate as it was based on best judgment assessment rather than concrete estimates. Consequently, the Court found no substantial question of law to consider, leading to the dismissal of the case without costs. en-us Fri, 21 Oct 2011 00:00:00 +0530 Wed, 17 Sep 2014 16:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166304 The Court dismissed the tax case revision, affirming the Sales Tax Appellate Tribunal's decision to modify the appeal without providing specific findings. The Tribunal's actions in sustaining additions and setting aside penalties due to stock variations were upheld. The Court rejected the argument that penalty imposition should follow stock variation admission, emphasizing that the Tribunal's decision was appropriate as it was based on best judgment assessment rather than concrete estimates. Consequently, the Court found no substantial question of law to consider, leading to the dismissal of the case without costs. Case-Laws VAT and Sales Tax Fri, 21 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166304