https://www.taxtmi.com/caselaws?id=394163 Invalid declaration forms do not support concessional tax treatment for the relevant assessment year. Tax assessed at the correct full rate is treated as tax admittedly payable for statutory interest purposes, and interest runs from the date the tax became due despite an inadmissible concessional claim. Alleged stock discrepancies, collusion with related concerns and cash entries require reliable evidence linking them to unaccounted sales or purchases; assumptions based on inspections of connected premises alone do not justify rejection of books or an addition. en-us Fri, 24 Jan 2020 00:00:00 +0530 Wed, 02 Mar 2022 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394163 Invalid declaration forms do not support concessional tax treatment for the relevant assessment year. Tax assessed at the correct full rate is treated as tax admittedly payable for statutory interest purposes, and interest runs from the date the tax became due despite an inadmissible concessional claim. Alleged stock discrepancies, collusion with related concerns and cash entries require reliable evidence linking them to unaccounted sales or purchases; assumptions based on inspections of connected premises alone do not justify rejection of books or an addition. Case-Laws VAT and Sales Tax Fri, 24 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394163