https://www.taxtmi.com/caselaws?id=148316 In a best judgment assessment of turnover, the revenue cannot make a double addition by taxing both estimated suppressed purchases and suppressed sales without evidentiary basis. Where unrecorded purchases and unrecorded sales are both found, the unrecorded sales are ordinarily presumed to have been met from the suppressed purchases to the extent possible, and only the excess of suppressed sales not covered by those purchases may be separately added. The Tribunal's approach was rejected, and the matter was sent back for re-estimation of turnover on that basis. en-us Tue, 18 Jul 1967 00:00:00 +0530 Thu, 25 Apr 2013 15:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148316 In a best judgment assessment of turnover, the revenue cannot make a double addition by taxing both estimated suppressed purchases and suppressed sales without evidentiary basis. Where unrecorded purchases and unrecorded sales are both found, the unrecorded sales are ordinarily presumed to have been met from the suppressed purchases to the extent possible, and only the excess of suppressed sales not covered by those purchases may be separately added. The Tribunal's approach was rejected, and the matter was sent back for re-estimation of turnover on that basis. Case-Laws VAT and Sales Tax Tue, 18 Jul 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148316