2000 (2) TMI 815

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....ppeal filed by the assessee was partly allowed and taxable turnover was reduced to Rs. 3,80,000 and tax liability to be reduced was Rs. 38,000. Both the department as well as the assessee felt aggrieved and filed second appeals. The appeal filed by the assessee was dismissed whereas the appeal of the department was partly allowed and on taxable turnover of Rs. 7,00,000, tax liability of Rs. 70,000 was fixed. 3.. Aggrieved by the order of the Tribunal the assessee has filed the present revision. It is submitted by Sri Manglik that the assessee had disclosed opening balance of stock of Rs. 2,40,079 and closing balance also of worth Rs. 2,40,079. The closing balance shown by the revisionist in the assessment year under consideration was sho....

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....eipt No. 110, dated April 3, 1998 three forms XXXI were returned by the assessee to the department but the report does not disclose that the forms returned by the assessee were those which were obtained by him in assessment year 199394 and the dealer has failed to point out number of forms which were obtained by him during the assessment year 199394. It cannot be concluded as a fact that the forms returned by the assessee were those forms which were obtained in the assessment year 199394. It is also submitted that besides this there is no verification of returning of 10 formsC which were allegedly returned by the assessee in the year under consideration. 4.. In the assessment year 199495 the dealer had disclosed opening balance of stock ....