9911796707
TMI Blog2007 (3) TMI 721X X X X Extracts X X X X X X X X Extracts X X X X ..... riod 1993-94 and C.W.J.C. No. 2063 of 2007 to assessment period 1994-95. It appears that the assessing authority (Assistant Commissioner, Commercial Taxes, Patna West Circle, Patna) passed assessment orders in regard to six assessment periods from 1992-93 to 1997-98 on the same date. For the three later periods (1995-96, 1996-97 and 1997-98) he accepted the gross turnover submitted by the petition ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... petitioner showed gross turnovers of Rs. 7,03,872.04 and Rs. 9,46,857.38, respectively. The assessing officer determined the gross turnovers for the three assessment periods at Rs. 2 crore each. It may be noted here that for the three later assessment periods 1995-96 to 1997-98 too the assessing officer fixed the gross turnovers at Rs. 2 crores each, far in excess of the gross turnovers shown ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom the criminal court where the seized documents might have been filed. Apparently the petitioner was able to produce the books of account for the three assessment periods 1995-96, 1996-97 and 1997-98 and the assessing officer accepted the gross turnovers as shown in its return for those assessment periods. Thus the matter with regard to those assessment periods concluded at that stage. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ily because the petitioner was not able to produce the books of account for the three years in question. It was pointed out that for the later three years for which the petitioner was able to produce the books of account the assessing officer accepted the gross turnover shown in the petitioner's returns and revised the earlier gross turnover of Rs. 2 crore fixed by him on best judgment assessm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted to appear before him along with a copy of this order within two weeks from today. The Assistant Commissioner shall give the petitioner an opportunity to produce its books of account for the assessment periods 1992-93, 1993-94 and 1994-95 by April 16, 2007 and shall then pass orders for those years by April 30, 2007 after giving an opportunity of hearing to the petitioner. In the result, ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
