High Court of Judicature at Allahabad
Case Law Search
The Commissioner, Trade Tax, U.P. Lucknow v. Patni Chemicals Pvt. Ltd. Patnai Shaharanpur - SALES/TRADE TAX REVISION DEFECTIVE No. 170 of 1999  RD-AH 6942 (5 December 2005)
TRADE TAX REVISION NO.(170) OF 1999
The Commissioner, Trade Tax U.P., Lucknow. ....Applicant
S/S Patni Chemicals Pvt. Ltd., Saharanpur. .Opp.party
Hon'ble Rajes Kumar, J.
Present revision under Section 11 of U.P. Trade Tax Act (hereinafter referred to as "Act") is directed against the order of Tribunal dated 31.03.1998 relating to the assessment year1995-96.
Dealer/opposite party (hereinafter referred to as "Dealer") was carrying on the business of manufacture and sale of calcium carbonate. Applicant had maintained regular books of account in the form of Rokar Khara, purchase voucher, sale bill, RG-I register, stock register etc. RG-I register was maintained as required under Central Excise Act duly verified by the authorities. Assessing authority had rejected the books of account on the basis of certain documents found at the time of survey dated 31.03.1996 and estimated the turn over by way of best judgment assessment. First appeal filed by the dealer was allowed in part. Dealer further filed second appeal before the Tribunal, which has been allowed and the books of account and disclosed turn over have been accepted.
Heard learned Standing Counsel. No one appears on behalf of the dealer.
I have perused the order of Tribunal and the authorities below.
First appellate authority has accepted the explanation of the dealer with regard to the various loose parchas found at the time of survey but the rejection of books of account has been upheld on the ground of difference in the stock found at the time of survey and as per books of account. Tribunal held that both the assessing authority as well as first appellate authority have only observed that there was difference in the stock found at the time of survey and as per books of account and the less stock was found, but no details of less stock have been given. Tribunal further held that in various cases this Court has held that if the less stock was found, than the stock as per books of account, no adverse inference can be drawn. On the facts and circumstances of the case, I do not find any reason to interfere with the order of Tribunal. Revision is devoid of merit.
In the result, revision fails and is accordingly, dismissed.
Double Click on any word for its dictionary meaning or to get reference material on it.