2009 (4) TMI 886

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....s at the instance of the Revenue challenging the order of the Sales Tax Appellate Tribunal dated December 3, 2002 made in Tax Appeal No. 458 of 2001.   The material facts culled out from the statement of facts in the memorandum of grounds of revision are as follows: The assessee, Tvl. Punjab Crockery House Pvt. Ltd., have reported a total and taxable turnover of Rs. 2,89,54,650.37 and R....

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....pancy at Rs. 2,33,319 and gross profit over it at 10.8 per cent totalling Rs. 2,58,571 and worked out the actual sales suppression Rs. 4,00,973 and ordered further sum for probable suppression and the total sales suppression arrived at Rs. 6,59,490 and equal addition has been made for another like sum. The assessing authority estimated the total sales suppression at Rs. 13,18,980 taxable at 16 per....

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....against the order passed in the assessee's appeal, the present revision is filed by the Revenue by formulating the following questions of law: "1. Whether, in the facts and circumstances of the case, the Tribunal being the final fact-finding authority has failed to appreciate the material facts by application of independent mind? 2.. Whether the Tribunal is correct in law in having delet....

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....at the exhibition; that they were reporting the turnover to the Department after completion of exhibition and that immediately after the inspection, the sales conducted at the exhibition on approximate basis has been included in the books of accounts and offered for tax by filing necessary returns. At the end of the year, the assessee has included the difference between the actual turnover relatin....