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1. Sirsa Industries, Sirsa, the assesses, follows the mercantile system of accounting. It is engaged in the business of cotton ginning and pressing. In the course of business, it has been collecting central sales tax from its constituents on the sale of bales of cotton in the accounting years relating to the assessment years 1968-69, 1969-70 and 1970-71. The Central sales tax so realized was not paid to the Government and was shown as credited to the Central sales tax account in their books of account, and the same position was reflected in the balance-sheet. The Income-tax Officer did not add the amount of Central sales tax to the total income of the assessee and completed the assessment for all the three years. The assessee went up in appeal against the assessments for the years 1968-69 and 1969-70 in respect of matters other than Central sales tax accounts but did not file an appeal against the assessment for the year 1970-71. Some relief was granted by the appellate court with the result that the order of the Income-tax Officer for non-inclusion of the amount relating to Central sales tax in the total income of the assessee assumed finality.