https://www.taxtmi.com/caselaws?id=127916 The Board found the best of judgment assessment of Rs. 35,000 on a sweet-meat seller to be unjustified based on past assessments. The petitioner's turnover was reduced to Rs. 24,000 from the initial assessment of Rs. 45,000 by the Assistant Sales Tax Superintendent. The Board determined that the Inspector's report lacked a reasonable basis for estimating sales, leading to the reduction in turnover for assessment. The petition was allowed, recognizing the higher amount returned by the assessee compared to the previous year. en-us Tue, 03 Nov 1959 00:00:00 +0530 Sat, 23 Mar 2013 11:32:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127916 The Board found the best of judgment assessment of Rs. 35,000 on a sweet-meat seller to be unjustified based on past assessments. The petitioner's turnover was reduced to Rs. 24,000 from the initial assessment of Rs. 45,000 by the Assistant Sales Tax Superintendent. The Board determined that the Inspector's report lacked a reasonable basis for estimating sales, leading to the reduction in turnover for assessment. The petition was allowed, recognizing the higher amount returned by the assessee compared to the previous year. Case-Laws VAT and Sales Tax Tue, 03 Nov 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127916