https://www.taxtmi.com/caselaws?id=358537 Concurrent factual findings based on slips recovered from a partner's residence were sustained where the department failed to establish a nexus between those documents and the assessee's regular electrical goods business. The records referred to gold and silver transactions, and there was no material to show that the assessee dealt in jewellery, so the turnover addition was not interfered with. On the same footing, the penalty under Section 16(2) of the Tamil Nadu General Sales Tax Act, 1959 was upheld, as no perversity, illegality, or substantial question of law arose from the evidence-based findings. en-us Fri, 16 Mar 2018 00:00:00 +0530 Sat, 14 Apr 2018 07:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358537 Concurrent factual findings based on slips recovered from a partner's residence were sustained where the department failed to establish a nexus between those documents and the assessee's regular electrical goods business. The records referred to gold and silver transactions, and there was no material to show that the assessee dealt in jewellery, so the turnover addition was not interfered with. On the same footing, the penalty under Section 16(2) of the Tamil Nadu General Sales Tax Act, 1959 was upheld, as no perversity, illegality, or substantial question of law arose from the evidence-based findings. Case-Laws VAT and Sales Tax Fri, 16 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358537