COMMISSIONER OF TRADE TAX Vs. SUPERSONIC INDUSTRIES

JUDGEMENT

(1.) THE above revision has been filed against the judgment and order dated August 28, 1997 passed by the Trade Tax Tribunal, Meerut in Second Appeal No. 279 of 1994 relating to the assessment year 1983 -84 (U. P.) (second part).

(2.) THE dealer -opposite party carries on the business of manufacturing and sale of electric aluminium and copper wires. The account books were rejected on the basis of adverse material found against it in the survey. The rejection of the account books has been upheld by all the three authorities below. The assessed turnover has been reduced by the Tribunal by the order under revision. In the memo of revision, the following questions of law have been framed:

(3.) SO far as the reduction in the turnover is concerned, I find that the Tribunal has estimated the suppressed turnover on the basis of relevant consideration. It has taken pains to discuss the adverse material found at the time of survey dated November 25, 1983 conducted by the Trade Tax Officer S. I. B. At the time of survey, certain account books were seized. On the basis of the seized material, an interference of suppressed sales was drawn by the assessing officer and the turnover of such sales was estimated. The Tribunal reduced the quantum of estimated suppressed sales, on valid ground.