1988 (6) TMI 302

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....seeds. For the assessment year 1981-82, he filed a return declaring his turnover. Gingili seeds are taxable at the first purchase point in the State. In his return he showed the value of the gingili seeds purchased as Rs. 9,05,498.85. On a perusal of the accounts, the assessing authority found that the petitioner has incurred an expenditure of Rs. 33,498.97 in connection with the purchase of the s....

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....ken on appeal by the first appellate authority. On further appeal, the Tribunal agreed with the petitioner only to the extent of market-fee but rejected the contention with respect to other expenses, on the ground that the assessee not having maintained separate accounts showing pre and post-purchase expenses there is no material to show the nature of the expenses. In other words, the Tribunal was....

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....irectly by the purchaser and similarly the gunnies and packing were provided by the purchaser at his own cost after the sale. We, however, find that the grounds now urged were not urged in this form before any of the authorities below. The assessing authority gave a show cause notice proposing to include the said amount in the turnover on the ground that they are presale expenses and the only grou....