https://www.taxtmi.com/caselaws?id=373143 The Court held in favor of the applicant, ruling that the Tribunal's estimation of undisclosed turnover was contradictory and unjustified. The rejection of account books did not justify an arbitrary increase in estimated turnover, and the existence of canceled invoices alone was insufficient to infer concealed turnover. Without valid grounds for enhancing turnover estimation, the Tribunal should have ruled in favor of the applicant. As a result, the revision was allowed in favor of the applicant, with no costs imposed. en-us Thu, 03 Jan 2019 00:00:00 +0530 Tue, 08 Jan 2019 07:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373143 The Court held in favor of the applicant, ruling that the Tribunal's estimation of undisclosed turnover was contradictory and unjustified. The rejection of account books did not justify an arbitrary increase in estimated turnover, and the existence of canceled invoices alone was insufficient to infer concealed turnover. Without valid grounds for enhancing turnover estimation, the Tribunal should have ruled in favor of the applicant. As a result, the revision was allowed in favor of the applicant, with no costs imposed. Case-Laws VAT and Sales Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373143