https://www.taxtmi.com/caselaws?id=127663 A quarterly best-judgment assessment under section 8(1)(b) of the Madhya Bharat Sales Tax Act, 1950, becomes final for that period if not challenged in appeal or revision. Section 8(5) permitting rebate while determining yearly tax does not authorise reopening or modification of that completed quarterly assessment. Where the assessee did not contest the quarterly assessment at the proper stage, a later rebate claim could not disturb its finality. The rebate was therefore not maintainable against the finalized first-quarter assessment. en-us Thu, 13 Dec 1956 00:00:00 +0530 Wed, 13 Mar 2013 18:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127663 A quarterly best-judgment assessment under section 8(1)(b) of the Madhya Bharat Sales Tax Act, 1950, becomes final for that period if not challenged in appeal or revision. Section 8(5) permitting rebate while determining yearly tax does not authorise reopening or modification of that completed quarterly assessment. Where the assessee did not contest the quarterly assessment at the proper stage, a later rebate claim could not disturb its finality. The rebate was therefore not maintainable against the finalized first-quarter assessment. Case-Laws VAT and Sales Tax Thu, 13 Dec 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127663