reconcile this
discrepancy. After various discussion, the Assessing Officer
determined the suppressed sales/receipt worked out to Rs.
34,98,571/- and added ... added by the Assessing Officer as "Suppressed
Sales". It is submitted by your Appellant that the said amount was subject
to rectification
sale transactions recorded in these papers exactly
matched with the sale bill issued to various persons except the rate of sale
of Hing. The Assessing ... under the MP General Sales
Tax Act and `1,00,000/- under the Central Sales Tax Act , adopting the sale
ITA 2021/2010, 2045/2010
disclosed to show that
there was suppression of business, it was revealed that there
was suppression of sale outcome. Cash book was seen
recorded upto ... determined at 25% of sale suppression. The
undisputed facts would show that in fact there is no
suppression of sale or business. The suppression
following additions made by the Assessing Officer on account of suppressed sales by the assessee.
Assessment year ... sales, ratio of cost of material to sales would always come out to be much higher than the actual. Cost of material consumed to sales
extent of Rs. 7,712 had been suppressed and they were the suppressed sales detected from the materials available to the assessing authority ... ratio of suppressed sales to detected sales, the Tribunal came to the conclusion that for the year 1956-57, the suppressed sales were
both the years, the assessee-firm has done suppression of sales. The sale suppression found for both the years was on a daily basis. Over ... practicing suppression of its sales turnover. In view of these facts and circumstances, there is clear pattern of sales suppression visible in this case. Therefore
contains entries of suppressed expenditure incurred by the manager. The entries of suppressed expenditure were made to cover the suppressed sales. The statement under Section ... assessee was to suppress the sales only and not income because of levy of heavy sales-tax on the sales by restaurant and hotel. According
ghee per mertic ton was 1:3. Thus, the assessee had suppressed sales of oxygen gas amounting to Rs. 6,73,326.
8. Aggrieved ... year 1988 resulting in deletion of undisclosed income by way of suppressed sales, which was also admitted by the assessee, and the inspection carried
financial year. Therefore, the average sales are worked out to determine the yearly sales. Therefore, he worked out the suppression of sales ... assessing officer to estimate the suppressed income for a longer period on the basis of the materials indicating suppressed sales for a lesser period
made
by the assessing officer on account of alleged suppressed production
resulting into suppressed sales of biscuits. He erred in comparing the
yield derived ... made
by the assessing officer on account of alleged suppressed production
resulting into suppressed sales of biscuits. He erred in comparing the
yield derived
