Authority cannot remand matter once explanation offered by assessee is found satisfactory

V. V. Vanniaperumal & Sons Vs State of Tamil Nadu (Madras High Court) Madras High Court held that Appellate Assistant Commissioner is not justified in remanding the matter since authority has recorded a clear finding that explanations offered by assessee were very satisfactory. Accordingly, order remanding the matter quashed and appeal is allowed. Facts- The petitioner, engaged in the manufacture and sale of gingelly oil, gingelly seeds, and gingelly oil cakes, reported a total turnover of Rs. 48,46,72,931/- and taxable turnover of Rs.37,26,69,966/- for the assessment year TNGST 1996-97. D...