https://www.taxtmi.com/caselaws?id=150842 Best judgment assessment must rest on relevant material and a fair, honest estimate of turnover; permissible guesswork cannot be based merely on suspicion. An unexplained turnover estimate, made without disclosing reasons or considering prior returns and relevant circumstances, fails the required legal standard and must be set aside. The death of a registered partner and non-joinder of the deceased partner's heirs or a receiver do not, by themselves, prevent a challenge to an assessment concerning the business. The assessment and consequential certificate proceeding were set aside, with fresh assessment required in accordance with law. en-us Fri, 23 May 1975 00:00:00 +0530 Thu, 23 May 2013 14:09:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150842 Best judgment assessment must rest on relevant material and a fair, honest estimate of turnover; permissible guesswork cannot be based merely on suspicion. An unexplained turnover estimate, made without disclosing reasons or considering prior returns and relevant circumstances, fails the required legal standard and must be set aside. The death of a registered partner and non-joinder of the deceased partner's heirs or a receiver do not, by themselves, prevent a challenge to an assessment concerning the business. The assessment and consequential certificate proceeding were set aside, with fresh assessment required in accordance with law. Case-Laws VAT and Sales Tax Fri, 23 May 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150842