https://www.taxtmi.com/caselaws?id=151040 Adverse material in tax assessment may be used to reject accounts and sustain a best judgment assessment if it is disclosed to the assessee and a fair opportunity to explain is given. The inspecting officer's report recording stock shortages and excesses was part of the record, had been confronted to the assessee, and no request for cross-examination was made; reliance on that report therefore did not breach natural justice. The assessment authorities also had additional recorded material indicating manipulation in the books, so the Tribunal erred in finding no basis for estimation. The rejection of the books and the best judgment assessment were upheld. en-us Wed, 24 Sep 1975 00:00:00 +0530 Mon, 27 May 2013 17:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151040 Adverse material in tax assessment may be used to reject accounts and sustain a best judgment assessment if it is disclosed to the assessee and a fair opportunity to explain is given. The inspecting officer's report recording stock shortages and excesses was part of the record, had been confronted to the assessee, and no request for cross-examination was made; reliance on that report therefore did not breach natural justice. The assessment authorities also had additional recorded material indicating manipulation in the books, so the Tribunal erred in finding no basis for estimation. The rejection of the books and the best judgment assessment were upheld. Case-Laws VAT and Sales Tax Wed, 24 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151040