2012 (9) TMI 897

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..... HITRA VENKATARAMAN J.- This tax case (revision), filed by the assessee as against the order of the Tamil Nadu Sales Tax Appellate Tribunal for the assessment year 1996-97, was admitted by this court on the following substantial questions of law: (1) Whether, in the facts and circumstances of the case, the Appellate Tribunal was right in sustaining the ad hoc additions made in the assessment wi .....

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..... t one per cent. From July 17, 1996, worn out or beaten jewellery was taken to last purchase, taxable at two per cent in Part A of the First Schedule to the Tamil Nadu General Sales Tax Act. Gold and silver jewellery including articles thereof were brought in under entry 25 of Part B of the First Schedule, taxable at four per cent. The Tribunal pointed out that as the assessee had purchased old .....

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..... manufactured. The Tribunal pointed out that the assessee had not maintained any separate stock account for new and old gold jewellery, the bought notes maintained by them also did not contain correct and complete address of the sellers and hence, the bought notes were not verifiable. In the circumstances, addition was made. Even though the assessee submitted that ad hoc addition was not called fo .....

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