https://www.taxtmi.com/caselaws?id=128210 A best judgment assessment is valid when the books and returns are rejected, provided the estimate rests on relevant material and is a fair estimate rather than a mere suspicion; here, suppression of sales, unreliable conduct, and the scale of business supplied sufficient basis for estimation. Section 12(2)(b) of the Orissa Sales Tax Act, 1947 permitted further enquiry and assessment after the assessee failed to comply fully with notice and the return was not found correct and complete, so best judgment assessment was competent. Where accounts were maintained on an annual basis, a defect affecting their credibility in one quarter justified rejection of the entire financial year's accounts, even though returns were filed quarterly. en-us Tue, 28 Mar 1961 00:00:00 +0530 Sat, 30 Mar 2013 10:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128210 A best judgment assessment is valid when the books and returns are rejected, provided the estimate rests on relevant material and is a fair estimate rather than a mere suspicion; here, suppression of sales, unreliable conduct, and the scale of business supplied sufficient basis for estimation. Section 12(2)(b) of the Orissa Sales Tax Act, 1947 permitted further enquiry and assessment after the assessee failed to comply fully with notice and the return was not found correct and complete, so best judgment assessment was competent. Where accounts were maintained on an annual basis, a defect affecting their credibility in one quarter justified rejection of the entire financial year's accounts, even though returns were filed quarterly. Case-Laws VAT and Sales Tax Tue, 28 Mar 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128210