during the course of which certain account books were found. According to these books of account, the turnover for the month of April ... because the assessing authority fixed the turnover, which accounts with the turnover recorded by the assessee in his books of account, it cannot be said
Paper Book)
....
ⅱ) Reply dated 06.11.2019 (pages 159-160 of Paper Book)
..... .
During the year under consideration, Assessee was having total turnover ... herewith all detailed documentary
evidences of all different turnovers alongwith the reconciliation
Reconciliation of Turnover of books with service Tax Return
Month Turnover as Total
made on account of G.P
on total turnover after rejecting books of accounts of the assessee ... book results or the books of
accounts of the assessee cannot be relied upon for determination of
profit from business and thus books of accounts
below:
(a) On the basis of seized material, the out of books turnover of the
assessee was estimated as Rs 85,88,93,756/-. After ... books turnover. There were no regular
books for such out of book's turnover. On a summary basis, the income
under the head INCOME
Income-tax Officer proceeded to make an addition to the book turnover, applying the proviso to Section 13 . It was contended that the non-production ... assessee's proposition that any addition to the book turnover can be made only by invoking the proviso to Section 13 and not otherwise
whether the estimated addition of Rs. 10,000 to the book turnover for the only defect of non-maintenance of stock was proper ...............
After ... book, we are bound by the observations and so, we find the addition of only Rs. 10,000 made to a large book turnover
cash for the year is Rs. 35.85 lakhs approximately and the books turnover is of Rs. 5.86 crores and the rate applicable ... lakhs cannot be applied to book turnover of Rs. 5.86 crores.
7. The learned counsel for the assessee argued that in view of the above
cash for the year is Rs. 35.85 lakhs approximately and the books turnover is of Rs. 5.86 crores and the rate applicable ... lakhs cannot be applied to book turnover of Rs. 5.86 crores.
7. The learned counsel for the assessee argued that in view of the above
Bhowanipur Charge [1991] 81 STC 67 (WBTT) is in order. When book turnover is the basis of levy of penalty, the deletion ... rightly held by the Appellate Tribunal, book turnover is the basis of assessment. As the book turnover was not disclosed as taxable turnover even after
turnover which merited to be excluded for the purpose of levy of penalty, one such being the turnover representing addition related to book ... turnover itself. Thus, even while calculating the turnover for the purpose of levy of penalty, the turnover, which are already available in the books
