2001 (6) TMI 800 - HC - VAT and Sales Tax

Summary

The High Court of Kerala revised the assessment of a dealer in rubber for the year 1991-92, based on an inspection revealing unaccounted transactions. The assessment was revised by adding Rs. 26,11,420, but the Court reduced the addition to only the actual suppression found for a limited period from April 1, 1991 to August 23, 1991. The Court modified the Tribunal's order accordingly, and the petition was allowed.