https://www.taxtmi.com/caselaws?id=148481 Under the Bihar Sales Tax Act, 1959, escaped-assessment proceedings under section 18(1) may be initiated where seized books provide reasonable grounds to believe turnover escaped assessment, and an appellate remand does not bar a fresh reassessment on that basis. The provision also incorporates, so far as may be, the regular assessment machinery, so section 16(3) permits best judgment assessment in reassessment proceedings where the accounts are incorrect, incomplete, or unreliable. On that construction, reassessment of escaped turnover on a best judgment basis was upheld and the reference was answered in favour of the revenue. en-us Wed, 30 Oct 1968 00:00:00 +0530 Mon, 29 Apr 2013 10:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148481 Under the Bihar Sales Tax Act, 1959, escaped-assessment proceedings under section 18(1) may be initiated where seized books provide reasonable grounds to believe turnover escaped assessment, and an appellate remand does not bar a fresh reassessment on that basis. The provision also incorporates, so far as may be, the regular assessment machinery, so section 16(3) permits best judgment assessment in reassessment proceedings where the accounts are incorrect, incomplete, or unreliable. On that construction, reassessment of escaped turnover on a best judgment basis was upheld and the reference was answered in favour of the revenue. Case-Laws VAT and Sales Tax Wed, 30 Oct 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148481