1998 (10) TMI 514

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s. 59, 60 and 61 of 1997 for the assessment years 1983-84, 1985-86 and 1986-87. 2.. I have heard Sri Bharat Ji Agrawal, learned counsel for the revisionist assisted by Sri Piyush Agrawal, Advocate and Sri Surya Prakash, learned Standing Counsel for the respondent. 3.. Assessments for all the three years have been made by the assessing officer. The Deputy Commissioner (Executive) called for t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... et aside the assessments and remanded the matter to the assessing officer for verification of what was stated by the assessee because the latter had not produced the books of accounts before him. 4.. The dealer-revisionist preferred the aforesaid appeals to the Tribunal and contended that there was no material on record to justify the revision of the assessment orders and the Deputy Commissioner .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se of jurisdiction under section 10-B was unjustified. The learned Standing Counsel contended that the excise duty is a part of the turnover and that the same was not included in the turnover by the assessee. This contention is not legally correct. What is includible in the turnover is the price that a buyer has to pay for the goods purchased by him to the seller. The excise duty does not come i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X