https://www.taxtmi.com/caselaws?id=153233 After rejection of the account books, turnover may be estimated to the best of judgment on relevant material, including past history, and that approach is legally sustainable. Non-taxability in subsequent years does not retrospectively govern earlier assessment years, so later findings cannot invalidate an estimation made for the years in dispute. On these principles, the revisional interference was not justified; the revisional order was set aside and the turnover was directed to be redetermined in accordance with law, with costs awarded to the Revenue. en-us Mon, 10 Aug 1981 00:00:00 +0530 Fri, 19 Jul 2013 17:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153233 After rejection of the account books, turnover may be estimated to the best of judgment on relevant material, including past history, and that approach is legally sustainable. Non-taxability in subsequent years does not retrospectively govern earlier assessment years, so later findings cannot invalidate an estimation made for the years in dispute. On these principles, the revisional interference was not justified; the revisional order was set aside and the turnover was directed to be redetermined in accordance with law, with costs awarded to the Revenue. Case-Laws VAT and Sales Tax Mon, 10 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153233