2008 (7) TMI 905

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....ellate Tribunal, Additional Bench, Kozhikode in T.A. No. 414 of 2002 and Cross Objection No. 37 of 2003 dated 23rd March, 2004. The Tribunal, while partly allowing the Revenue's appeal, has modified the additions made by the assessing authority. The assessing authority in his order had made the addition of the actual suppression and further addition equal to two times thereof for the probable....

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....n and suppression to the conceded turnover made by the assessee for the assessment year in question. The aforesaid order of the first appellate authority was further modified by the Appellate Tribunal. In that, the Tribunal has stated as under: "As regards the estimation, considering the nature and volume of business run by the dealer and the nature and volume of purchase suppression refer....

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....dgment assessment is check-post declarations. In view of the declaration of law made by the Full Bench of this court, in our opinion, the Tribunal is justified in directing the assessing authority to make an addition equal to the suppressed turnover (including gross profit), i.e., actual + equal towards the probable omission and suppression in the taxable turnover of the dealer for the assessment ....