1996 (1) TMI 441 - HC - VAT and Sales Tax

Summary

The revision under Section 11 of the U. P. Sales Tax Act was directed against the Sales Tax Tribunal's order in Second Appeal No. 1387 of 1986. The dispute pertained to the assessment year 1981-82, involving the purchase and sales of electrical goods. The taxable turnover was estimated at Rs. 2,00,000/- by the assessing authority, reduced to Rs. 1,25,000/- in the First Appeal, and restored to Rs. 2,00,000/- by the Sales Tax Tribunal. The High Court held that the Tribunal failed to consider relevant factors and reversed the Tribunal's order, reducing the assessed turnover to Rs. 1,25,000/-. The revision was allowed in part with no order as to costs.