https://www.taxtmi.com/caselaws?id=128665 A limitation period prescribed for making an assessment order does not, by itself, imply a further limitation on service of the consequential notice of demand; where the statute and rule do not fix a time limit for the notice, it may validly follow the assessment if the assessment itself was made within time. The note also states that a best judgment turnover estimate will be sustained if there is some material rationally supporting the inference drawn by the assessing authority. On the facts described, both points were decided against the assessee and the assessment was upheld. en-us Tue, 19 Mar 1963 00:00:00 +0530 Wed, 10 Apr 2013 10:13:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128665 A limitation period prescribed for making an assessment order does not, by itself, imply a further limitation on service of the consequential notice of demand; where the statute and rule do not fix a time limit for the notice, it may validly follow the assessment if the assessment itself was made within time. The note also states that a best judgment turnover estimate will be sustained if there is some material rationally supporting the inference drawn by the assessing authority. On the facts described, both points were decided against the assessee and the assessment was upheld. Case-Laws VAT and Sales Tax Tue, 19 Mar 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128665