https://www.taxtmi.com/caselaws?id=76519 The court upheld the Tribunal's decision in a case concerning assessment based on estimation without maintained books of account. Despite the appellant's challenges regarding turnover estimation and reliance on sales tax verification books, the court criticized the Assessing Officer's fixed turnover approach and emphasized the necessity of proper record-keeping for businesses under the KGST Act. The court rejected the appellant's arguments, citing the lack of maintained books of account as a significant factor in dismissing the appeal and affirming the Tribunal's order. en-us Thu, 05 Nov 2009 00:00:00 +0530 Wed, 07 Sep 2011 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76519 The court upheld the Tribunal's decision in a case concerning assessment based on estimation without maintained books of account. Despite the appellant's challenges regarding turnover estimation and reliance on sales tax verification books, the court criticized the Assessing Officer's fixed turnover approach and emphasized the necessity of proper record-keeping for businesses under the KGST Act. The court rejected the appellant's arguments, citing the lack of maintained books of account as a significant factor in dismissing the appeal and affirming the Tribunal's order. Case-Laws Income Tax Thu, 05 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76519