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    <title>2008 (12) TMI 830 - KERALA HIGH COURT</title>
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    <description>The Court declined to entertain the revision petition challenging the estimation of sales turnover for a Bar attached Hotel for the assessment year 2004-2005. The assessing authority&#039;s decision to fix the gross profit at 25% was upheld, despite previous orders supporting a lower percentage. The Court emphasized the assessing authority&#039;s rationality in its estimate, ultimately confirming the decisions of the first appellate authority and the Tribunal. An application related to the revision petition was also rejected, with the Court upholding the orders passed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=308937</link>
      <description>The Court declined to entertain the revision petition challenging the estimation of sales turnover for a Bar attached Hotel for the assessment year 2004-2005. The assessing authority&#039;s decision to fix the gross profit at 25% was upheld, despite previous orders supporting a lower percentage. The Court emphasized the assessing authority&#039;s rationality in its estimate, ultimately confirming the decisions of the first appellate authority and the Tribunal. An application related to the revision petition was also rejected, with the Court upholding the orders passed.</description>
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      <pubDate>Wed, 03 Dec 2008 00:00:00 +0530</pubDate>
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