Case Law Details
Sri Shanti Readymade Vs Commissioner (Allahabad High Court)
The Allahabad High Court recently addressed a crucial issue in the case of Sri Shanti Readymade vs. Commissioner, emphasizing that the rejection of books of accounts under the UP VAT Act does not necessarily result in the rejection of books under the Central Sales Tax Act. This article delves into the judgment’s key aspects, the questions of law raised, and the court’s detailed analysis.
Detailed Analysis:
The case involves a revision against the Commercial Tax Tribunal’s order, dated 16.5.2023, in Second Appeal No. 46 of 2022 (A.Y. 2014-15) under Section 9(2) of the Central Sales Tax Act. The court admitted the revision, addressing essential legal questions:
1. Rejection of Account Books: The tribunal’s justification for rejecting account books despite finding in favor of the applicant raised concerns. The court examined whether such rejection, without a basis for fixing turnover, is legally sound.
Please become a Premium member. If you are already a Premium member, login here to access the full content.
