1999 (9) TMI 964

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....he revisionist and learned Standing Counsel. 2. The revisionist is manufacturer and dealer of bricks. In Assessment Year 1987-88, he declared firing period of 39 days, capacity of brick kiln of 6 lacs and taxable turnover of Rs. 1,11,000. The assessing authority rejected the books of accounts on the ground that information of closure of firing on 5th April, 1987 was not given. In subsequent per....

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....he department as well as the dealer filed second appeals before the Tribunal. The Tribunal restored the firing period of 98 days but the production was fixed at 22 lacs and average selling rate of Rs. 350 per thousand fixed by the first appellate authority was affirmed. Consequently, the appeal filed by the assessee was dismissed and appeal filed by the department was partly allowed, tax liability....

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....ts that during surveys certain material found which has been disclosed by the Assessing Authority which were also considered by the Tribunal and the firing period as well as the capacity were fixed accordingly. It is submitted that there is no error in the judgment of the Tribunal. 8. There is no dispute that in the previous year i.e. 1986-87 the authorities had concurrently held that one lac b....