2012 (7) TMI 851

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Mr. R.J. Oza, learned Senior Counsel assisted by Ms. Rujuta Oza, appearing for appellant. 2. Admit. We formulate the following substantial questions of law. 1. Whether in the facts and circumstances of the case, the Tribunal has committed substantial error of law by holding that the case of the revenue is based upon surmises and conjectures even though the revenue has proved its case w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e case, the Tribunal has committed substantial error of law by disregarding corroborative evidence such as statement of drivers of transport company, expert opinion by Man Made Textile Research Association (MANTRA), Surat and professor Shri M.A. Shenoy, Mumbai University, Institute of Chemical Technology, Mumbai and such other various statements connecting live link of transaction between the resp .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X