https://www.taxtmi.com/caselaws?id=362238 Best judgment addition for suppressed turnover was sustained where the assessee had failed to account for invoice No. 48 and the authorities found the accounts were not properly maintained. Section 16(1)(a) of the Tamil Nadu General Sales Tax Act, 1959 was applied to permit an addition on the basis of probable omission and stock discrepancy. The High Court, exercising limited supervisory jurisdiction, declined to interfere with the Tribunal's reasoned factual conclusion and upheld the addition, dismissing the revision in favour of the Revenue. en-us Wed, 13 Jun 2018 00:00:00 +0530 Fri, 26 Apr 2019 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362238 Best judgment addition for suppressed turnover was sustained where the assessee had failed to account for invoice No. 48 and the authorities found the accounts were not properly maintained. Section 16(1)(a) of the Tamil Nadu General Sales Tax Act, 1959 was applied to permit an addition on the basis of probable omission and stock discrepancy. The High Court, exercising limited supervisory jurisdiction, declined to interfere with the Tribunal's reasoned factual conclusion and upheld the addition, dismissing the revision in favour of the Revenue. Case-Laws VAT and Sales Tax Wed, 13 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362238