https://www.taxtmi.com/caselaws?id=127215 The court upheld the validity of the assessment made under Section 11(4) of the Act for shops with burnt account books. It found that the assessing officer had made a fair estimate based on honest judgment, even with some guesswork involved. The court emphasized the necessity of providing reasons for assessments but concluded that the discrepancy in the percentage enhancement for specific shops did not warrant revision as it did not raise a substantial question of law. The application for revision was rejected based on the reasons provided in the analysis. en-us Sat, 05 Jan 1952 00:00:00 +0530 Tue, 05 Mar 2013 16:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127215 The court upheld the validity of the assessment made under Section 11(4) of the Act for shops with burnt account books. It found that the assessing officer had made a fair estimate based on honest judgment, even with some guesswork involved. The court emphasized the necessity of providing reasons for assessments but concluded that the discrepancy in the percentage enhancement for specific shops did not warrant revision as it did not raise a substantial question of law. The application for revision was rejected based on the reasons provided in the analysis. Case-Laws VAT and Sales Tax Sat, 05 Jan 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127215