1998 (3) TMI 655 - HC - VAT and Sales Tax

Summary

The High Court of Kerala considered whether the Sales Tax Appellate Tribunal was correct in upholding additions made by the assessing officer for unaccounted purchases of arrack by an abkari contractor. The assessing officer made a best judgment assessment and added Rs. 4,03,000, later reduced to Rs. 2,01,500 by the first appellate authority. The Sales Tax Appellate Tribunal reinstated the original addition. The Court found that there was no evidence of unaccounted purchases and deleted the addition, allowing the petitions. (Case citation: 1998 (3) TMI 655 - KERALA HIGH COURT)