https://www.taxtmi.com/caselaws?id=150968 The Kerala High Court's judgment focused on sales tax assessments for the years 1967-68 and 1969-70. The court emphasized the importance of estimating turnover in the absence of exact figures and stressed the need for reliable accounts. It highlighted that current consumption can be a valid basis for estimation and placed the burden of proof on the assessee in cases of suppressed turnover. The court upheld the assessment based on current consumption for crushing copra, citing available material. Ultimately, the court dismissed the tax revision cases with costs, affirming established principles in tax assessments. en-us Mon, 03 Mar 1975 00:00:00 +0530 Sat, 25 May 2013 12:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150968 The Kerala High Court's judgment focused on sales tax assessments for the years 1967-68 and 1969-70. The court emphasized the importance of estimating turnover in the absence of exact figures and stressed the need for reliable accounts. It highlighted that current consumption can be a valid basis for estimation and placed the burden of proof on the assessee in cases of suppressed turnover. The court upheld the assessment based on current consumption for crushing copra, citing available material. Ultimately, the court dismissed the tax revision cases with costs, affirming established principles in tax assessments. Case-Laws VAT and Sales Tax Mon, 03 Mar 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150968