https://www.taxtmi.com/caselaws?id=383218 An omission or inaccuracy in a return, by itself, does not justify an addition to taxable turnover unless the Revenue shows escapement of taxable sales turnover. The Kerala HC noted that the discrepancy was only in purchase turnover; there was no finding of unaccounted sales or any difference in sales turnover. In that situation, the return may be incomplete or incorrect and may attract penal consequences under the Act, but it does not support an addition to turnover. The State's revision therefore failed. en-us Fri, 21 Jun 2019 00:00:00 +0530 Thu, 18 Jul 2019 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383218 An omission or inaccuracy in a return, by itself, does not justify an addition to taxable turnover unless the Revenue shows escapement of taxable sales turnover. The Kerala HC noted that the discrepancy was only in purchase turnover; there was no finding of unaccounted sales or any difference in sales turnover. In that situation, the return may be incomplete or incorrect and may attract penal consequences under the Act, but it does not support an addition to turnover. The State's revision therefore failed. Case-Laws VAT and Sales Tax Fri, 21 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383218