1988 (3) TMI 423

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..... s. 1,41,575 by the Commercial Tax Officer, Warangal, by his order dated 16th February, 1968. The order of assessment was to the best of judgment of the assessing authority after rejecting the turnover declared by the petitioner. Later, the successor of the assessing authority served a notice on 5th August, 1970 on the petitioner calling upon him to show cause as to why penalty should not be levied .....

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..... in section 14(2) of the Act admits of no doubt and empowers the assessing authority to levy penalty while making the assessment to the best of his judgment. The expression, "while making the assessment", leaves no doubt in our mind that the very same authority, who makes an order of assessment to the best of his judgment, should derive satisfaction that the assessee did not disclose the entire ta .....

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