https://www.taxtmi.com/caselaws?id=127133 Best judgment sales tax assessment is sustainable where the dealer fails to produce account books or credible material to prove actual turnover, and the assessing authority makes a fair estimate on available evidence and surrounding circumstances. The Calcutta HC noted that repeated opportunities were given, objections and evidence were considered under Rule 54, and reasons were recorded for the estimated turnover. An assessment will not fail merely because it rests on estimation, provided the authority acts honestly and not dishonestly, vindictively, or capriciously; the appellate reduction of the taxable turnover was also upheld on that basis. en-us Fri, 19 Jan 1951 00:00:00 +0530 Wed, 27 Feb 2013 10:17:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127133 Best judgment sales tax assessment is sustainable where the dealer fails to produce account books or credible material to prove actual turnover, and the assessing authority makes a fair estimate on available evidence and surrounding circumstances. The Calcutta HC noted that repeated opportunities were given, objections and evidence were considered under Rule 54, and reasons were recorded for the estimated turnover. An assessment will not fail merely because it rests on estimation, provided the authority acts honestly and not dishonestly, vindictively, or capriciously; the appellate reduction of the taxable turnover was also upheld on that basis. Case-Laws VAT and Sales Tax Fri, 19 Jan 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127133