https://www.taxtmi.com/caselaws?id=795160 Post-inspection revised returns do not negate purchase suppression, consequential sales suppression, or estimated additions where excess stock remains unreconciled and the earlier accounts were not true and complete. Subsequent disclosure and tax payment may mitigate the estimated addition, but do not establish bona fides where disclosure was neither voluntary nor complete; the additions were sustained at a reduced level. Penalty for suppressed turnover was also sustained because the unreconciled stock discrepancy justified suppression, and the dealer failed to explain the omission. Under the Tamil Nadu General Sales Tax Act, best-judgment determination of suppressed turnover supports the prescribed statutory penalty. en-us Tue, 14 Jul 2026 00:00:00 +0530 Sat, 18 Jul 2026 08:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795160 Post-inspection revised returns do not negate purchase suppression, consequential sales suppression, or estimated additions where excess stock remains unreconciled and the earlier accounts were not true and complete. Subsequent disclosure and tax payment may mitigate the estimated addition, but do not establish bona fides where disclosure was neither voluntary nor complete; the additions were sustained at a reduced level. Penalty for suppressed turnover was also sustained because the unreconciled stock discrepancy justified suppression, and the dealer failed to explain the omission. Under the Tamil Nadu General Sales Tax Act, best-judgment determination of suppressed turnover supports the prescribed statutory penalty. Case-Laws VAT / Sales Tax Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795160