https://www.taxtmi.com/caselaws?id=405193 The Tribunal found that the suppressed turnover detected did not exclusively belong to the Assessee, and it was not justified to attribute transactions from a third party as the Assessee's without clear indication in the seized documents. The Tribunal also disagreed with treating the entire turnover detected as the Assessee's suppressed turnover and modified the suppressed turnover amount to Rs. 1,20,98,891/-, excluding unrelated transactions. The High Court upheld the Tribunal's decision, dismissing the revision petition for lack of merit. 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 found that the suppressed turnover detected did not exclusively belong to the Assessee, and it was not justified to attribute transactions from a third party as the Assessee's without clear indication in the seized documents. The Tribunal also disagreed with treating the entire turnover detected as the Assessee's suppressed turnover and modified the suppressed turnover amount to Rs. 1,20,98,891/-, excluding unrelated transactions. The High Court upheld the Tribunal's decision, dismissing the revision petition for lack of merit. Case-Laws VAT and Sales Tax Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405193