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2011 (8) TMI 1019 - HC - VAT and Sales TaxBest judgment assessment - Held that:- It is not in dispute that the surprise raid of the premises of the assessee was carried out on June 23, 1998, uncounted transactions were found. Therefore, best judgment assessment was resorted to. The Tribunal has reduced the best judgment assessment turnover as arrived at by the first appellate authority only on mere presumption without taking note of the fact that the turnover for the remaining part of the assessment year had to be multiplied . In view of the aforesaid, the order of the Tribunal to the extent it reduces the best judgment assessment turnover cannot be legally sustained. It is hereby quashed.
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