https://www.taxtmi.com/caselaws?id=152074 Best judgment assessment under the A.P. General Sales Tax Act requires rejection of the return and an assessment based on reasonable estimation from available material. Where the assessing authority accepted post-inspection returns as correct and complete for the assessment years 1967-68 to 1972-73, without making additions to turnover, those assessments were not best judgment assessments and the penalty was unsustainable. For 1973-74, the return was rejected and the assessment was made on best judgment basis, so the statutory foundation for penalty existed and the levy was valid. The ruling turns on whether the assessment process involved genuine best judgment determination or mere acceptance of the dealer's return. en-us Tue, 31 Jan 1978 00:00:00 +0530 Mon, 24 Jun 2013 14:12:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152074 Best judgment assessment under the A.P. General Sales Tax Act requires rejection of the return and an assessment based on reasonable estimation from available material. Where the assessing authority accepted post-inspection returns as correct and complete for the assessment years 1967-68 to 1972-73, without making additions to turnover, those assessments were not best judgment assessments and the penalty was unsustainable. For 1973-74, the return was rejected and the assessment was made on best judgment basis, so the statutory foundation for penalty existed and the levy was valid. The ruling turns on whether the assessment process involved genuine best judgment determination or mere acceptance of the dealer's return. Case-Laws VAT and Sales Tax Tue, 31 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152074