UPVAT: Tax justified on difference in stock for sales not recorded in books found during survey

Sumiti Alloys Pvt Ltd Vs Commissioner Commercial Tax U.P (Allahabad High Court)

HC find that the Tribunal has recorded a categorical finding of fact which needs no interference by this Court as there was difference in the stock found by the survey team on the premises of the assessee on the basis of which the assessment was made and the first appellate authority as well as Tribunal had recorded the finding to that effect and have found that the sale made by the assessee was not recorded in the account books.

The revision is concluded by finding of fact for which no interference is required by this Court.

FULL TEXT OF THE JUDGMENT/ORDER OF ALLAHABAD HIGH COURT

Heard Sri Suyash Agarwal, learned counsel for the revisionist and Sri Rishi Kumar, learned Standing Counsel for the State.

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