https://www.taxtmi.com/caselaws?id=383817 The Court upheld the Trade Tax Tribunal's decision in a case concerning the rejection of books of accounts, estimation of undisclosed turnover, suppressed purchases and sales, and assessment of undisclosed purchase of raw material for A.Y. 2004-05. The Tribunal's findings were supported by concrete evidence, leading to the dismissal of the revision as lacking merit. The Court emphasized the importance of credible evidence and proportionality in tax assessments, affirming the Tribunal's balanced approach in determining the undisclosed turnover and purchases. en-us Tue, 30 Jul 2019 00:00:00 +0530 Thu, 01 Aug 2019 05:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383817 The Court upheld the Trade Tax Tribunal's decision in a case concerning the rejection of books of accounts, estimation of undisclosed turnover, suppressed purchases and sales, and assessment of undisclosed purchase of raw material for A.Y. 2004-05. The Tribunal's findings were supported by concrete evidence, leading to the dismissal of the revision as lacking merit. The Court emphasized the importance of credible evidence and proportionality in tax assessments, affirming the Tribunal's balanced approach in determining the undisclosed turnover and purchases. Case-Laws VAT and Sales Tax Tue, 30 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383817