https://www.taxtmi.com/caselaws?id=149995 A revisional authority, after condoning delay in an appeal dismissed as time-barred, may itself decide the merits of acceptance or rejection of accounts and the turnover estimate instead of remanding the matter, particularly where the assessee invited that course. The authority's decision to do so was held proper. In a best judgment assessment, the assessee's past turnover record is valid material for estimating turnover when books are not produced, and an estimate based on such material is not arbitrary. The revised turnover assessment was therefore upheld, and the reference was answered against the assessee. en-us Fri, 20 Mar 1970 00:00:00 +0530 Tue, 07 May 2013 15:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149995 A revisional authority, after condoning delay in an appeal dismissed as time-barred, may itself decide the merits of acceptance or rejection of accounts and the turnover estimate instead of remanding the matter, particularly where the assessee invited that course. The authority's decision to do so was held proper. In a best judgment assessment, the assessee's past turnover record is valid material for estimating turnover when books are not produced, and an estimate based on such material is not arbitrary. The revised turnover assessment was therefore upheld, and the reference was answered against the assessee. Case-Laws VAT and Sales Tax Fri, 20 Mar 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149995