https://www.taxtmi.com/caselaws?id=150127 A survey can support best judgment assessment only where the recovered material has a real evidentiary nexus with the assessment year in question; material found in a later year cannot, by itself, justify presuming suppression in an earlier year. For 1965-66, the turnover estimate was upheld because the detected suppression covered a continuous period and was supported by cogent material. For 1958-59, discrepancies between returned and disclosed sales provided material to reject the accounts, but for 1959-60 no contemporaneous suppressed transaction or connecting basis was shown, so rejection of the books for that year was not justified. en-us Wed, 26 Aug 1970 00:00:00 +0530 Thu, 09 May 2013 11:45:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150127 A survey can support best judgment assessment only where the recovered material has a real evidentiary nexus with the assessment year in question; material found in a later year cannot, by itself, justify presuming suppression in an earlier year. For 1965-66, the turnover estimate was upheld because the detected suppression covered a continuous period and was supported by cogent material. For 1958-59, discrepancies between returned and disclosed sales provided material to reject the accounts, but for 1959-60 no contemporaneous suppressed transaction or connecting basis was shown, so rejection of the books for that year was not justified. Case-Laws VAT and Sales Tax Wed, 26 Aug 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150127