https://www.taxtmi.com/caselaws?id=383643 An assessment based on alleged stock discrepancy and purchase suppression was not interfered with because the dispute turned on factual issues about stock verification, the genuineness of bought-note vouchers, and whether goods of the dealer and sister concerns were stored together at the same premises. The Tribunal accepted the dealer's explanation that the records accounted for the alleged discrepancy, and the High Court noted that the assessment order contained infirmities and that the appellate authorities had already dealt with the issue. The deletion of the stock-based addition and the consequential penalty was therefore upheld. en-us Mon, 10 Jun 2019 00:00:00 +0530 Mon, 29 Jul 2019 06:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383643 An assessment based on alleged stock discrepancy and purchase suppression was not interfered with because the dispute turned on factual issues about stock verification, the genuineness of bought-note vouchers, and whether goods of the dealer and sister concerns were stored together at the same premises. The Tribunal accepted the dealer's explanation that the records accounted for the alleged discrepancy, and the High Court noted that the assessment order contained infirmities and that the appellate authorities had already dealt with the issue. The deletion of the stock-based addition and the consequential penalty was therefore upheld. Case-Laws VAT and Sales Tax Mon, 10 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383643