1983 (2) TMI 253

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..... assessment year 1971-72 challenged Held that:- Appeal allowed. As such deduction can be claimed not in the proceedings relating to the assessment year in which the goods were returned but in the proceedings relating to the assessment year in which they were sold allow this appeal, set aside the judgment of the High Court and direct that the order of assessment for the year 1971-72 shall be mo .....

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..... en sold in the previous assessment year 1970-71. In Deputy Commissioner of Sales Tax (Law), Board of Revenue (Taxes), Ernakulam v. Motor Industries Co., Ernakulam (Civil Appeal No. 210 of 1983 decided today) [1983] 53 STC 48 (SC) we have held that such deduction can be claimed not in the assessment year in which the goods were returned but in the assessment year in which they were sold. Followin .....

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