https://www.taxtmi.com/caselaws?id=151314 A best judgment turnover assessment is valid where it is supported by material on record and is not arbitrary or capricious, even though some guess-work is involved. The revising authority relied on the assessee's past turnover, the survey of the premises, and the rejection of the explanation offered after the books were rejected. The assessment was not invalid merely because the order did not expressly catalogue each item of material, so long as the record showed that relevant materials had been considered. The turnover fixed by the Judge (Revisions) was accordingly upheld in favour of the department. en-us Wed, 06 Apr 1977 00:00:00 +0530 Tue, 04 Jun 2013 12:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151314 A best judgment turnover assessment is valid where it is supported by material on record and is not arbitrary or capricious, even though some guess-work is involved. The revising authority relied on the assessee's past turnover, the survey of the premises, and the rejection of the explanation offered after the books were rejected. The assessment was not invalid merely because the order did not expressly catalogue each item of material, so long as the record showed that relevant materials had been considered. The turnover fixed by the Judge (Revisions) was accordingly upheld in favour of the department. Case-Laws VAT and Sales Tax Wed, 06 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151314