https://www.taxtmi.com/caselaws?id=405193 The Tribunal's reassessment modification was upheld because its turnover determination rested on appreciation of seized records, including the source and linkage of documents found at different premises. It was entitled to disregard entries not clearly connected to the assessee and to accept that part of the suppressed sales could not be treated as wholly unrelated to suppressed purchases. The High Court found no legal infirmity in the Tribunal's limited exclusion from the quantified suppression or in its direction to recompute tax, penalty and interest, and held that no substantial question of law arose. en-us Thu, 04 Feb 2021 00:00:00 +0530 Sat, 13 Mar 2021 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405193 The Tribunal's reassessment modification was upheld because its turnover determination rested on appreciation of seized records, including the source and linkage of documents found at different premises. It was entitled to disregard entries not clearly connected to the assessee and to accept that part of the suppressed sales could not be treated as wholly unrelated to suppressed purchases. The High Court found no legal infirmity in the Tribunal's limited exclusion from the quantified suppression or in its direction to recompute tax, penalty and interest, and held that no substantial question of law arose. Case-Laws VAT and Sales Tax Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405193