https://www.taxtmi.com/caselaws?id=128832 An appellate tribunal acting as the final fact-finding authority must independently examine the material, assess whether rejection of the assessee's accounts was justified, and record its own reasons before sustaining a best judgment assessment. Mere affirmation of the lower authority's conclusion, without a fresh appraisal of the factual basis or the method of estimation, is inadequate. Where the tribunal adopts a different view for other years but gives no independent reasons for the year in question, its order is unsatisfactory and cannot stand. The matter was remitted to the tribunal for disposal according to law. en-us Mon, 02 Dec 1963 00:00:00 +0530 Fri, 12 Apr 2013 10:25:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128832 An appellate tribunal acting as the final fact-finding authority must independently examine the material, assess whether rejection of the assessee's accounts was justified, and record its own reasons before sustaining a best judgment assessment. Mere affirmation of the lower authority's conclusion, without a fresh appraisal of the factual basis or the method of estimation, is inadequate. Where the tribunal adopts a different view for other years but gives no independent reasons for the year in question, its order is unsatisfactory and cannot stand. The matter was remitted to the tribunal for disposal according to law. Case-Laws VAT and Sales Tax Mon, 02 Dec 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128832