1984 (2) TMI 77

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..... is an owner of coffee estates and is an assessee under the Karnataka Agricultural Income-tax Act, 1957 (the " Act "). In the returns filed by the assessee for the assessment years 1964-65 to 1967-68, the assessee estimated the value of the coffee points at different rates in her returns. The assessments for these years were completed on the basis of the final dividend as declared by the Coffee Boa .....

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..... t to state that if the Coffee Board had not declared the final dividends before the assessments were concluded, the assessing officer was bound to accept reasonable estimates made by the assessee and conclude the assessments since that method was throughout accepted by the Department. Should this principle be given a go-by merely because the Coffee Board had declared the dividends by the time the .....

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