Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

1982 (9) TMI 224

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ference. In addition, certain slips were recovered and atleast some of them represented sales turnover which have been suppressed. On the basis of the slips and the stock variation, the assessing authority made a best judgment assessment making certain additions to the admitted turnover in its assessment. The said assessment was challenged before the appellate authority. The assessing authority ha .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hasers which did not in fact materialise into actual sales. However, the authorities below, including the Appellate Tribunal which is a final fact-finding authority, have rejected the assessee's explanation and held that there was justification for making an addition on the ground of the stock difference as also on the turnover represented by the slips Nos. 8 and 16. We do not think any interferen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates