https://www.taxtmi.com/caselaws?id=150682 A belated return filed after proceedings had begun, unsupported by account books or other material, was treated as insufficient to verify the dealer's true turnover. The authorities found that the dealer had not maintained accounts despite extensive transactions, had delayed filing, and had attempted to rely on an incorrect return after investigation commenced. On those facts, the conduct was characterised as deliberate and wilful suppression, supporting invocation of the best judgment assessment process and the penal provision's second limb for failure to submit a proper return. The best judgment assessment and penalty were therefore upheld. en-us Wed, 28 Feb 1973 00:00:00 +0530 Tue, 21 May 2013 13:04:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150682 A belated return filed after proceedings had begun, unsupported by account books or other material, was treated as insufficient to verify the dealer's true turnover. The authorities found that the dealer had not maintained accounts despite extensive transactions, had delayed filing, and had attempted to rely on an incorrect return after investigation commenced. On those facts, the conduct was characterised as deliberate and wilful suppression, supporting invocation of the best judgment assessment process and the penal provision's second limb for failure to submit a proper return. The best judgment assessment and penalty were therefore upheld. Case-Laws VAT and Sales Tax Wed, 28 Feb 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150682