1985 (2) TMI 237 - HC - VAT and Sales Tax

Summary

The High Court of Allahabad dismissed the revisions filed by an assessee who manufactures and sells musical instruments. The best judgment assessment was passed for the years 1976-77 and 1977-78 as the disclosed turnover was rejected. The Sales Tax Tribunal upheld the decision, stating that the assessee did not maintain manufacturing accounts as required by the U.P. Sales Tax Act. The revisions were dismissed with no costs. (Case: 1985 (2) TMI 237 - ALLAHABAD HIGH COURT)