2013 (11) TMI 560

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....es) ORDER (The Order of the Court was made by Chitra Venkataraman, J.) The assesee is on revision as against the order of the Sales Tax Appellate Tribunal relating to the assessment year 1994-95 raising the following questions of law :- "1. Whether the Appellate Tribunal was justified in reversing the order of the Appellate Assistant Commissioner and restoring the order of assessment contrary ....

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....e with the Bank. Based on the statement of the assessee and excess stock found by the Enforcement Wing Officials, the Assessing Officer made best judgment assessment. While doing so, the Assessing Officer also made equal time addition. Aggrieved by this, the assessee went on appeal before the First Appellate Authority. 3. The assessee resisted the assessment by stating that as per letter of the I....

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.... Appellate Tribunal upheld the order of assessment. Aggrieved by the same, the assessee has preferred the present Tax Case (Revision). 5. As per the letter dated 23.09.1994 of the Indian Overseas Bank, Kodambakkam Branch, which is a Nationalised Bank, the total stock of polythene granules stored in Key cash Godown as accepted by the Bank was 8750 kgs. When that being the case, the apparent error ....