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VAT - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Best Judgement - scope of estimation - While best of judgment ...

VAT and Sales Tax

July 13, 2015

Best Judgement - scope of estimation - While best of judgment assessment may involve an element of guess work, but at the same time, it is settled law that it must be made bona fide and it cannot be whimsical or arbitrary. - HC

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