https://www.taxtmi.com/caselaws?id=153348 A best judgment assessment of turnover was sustained where the assessee failed to maintain material manufacturing accounts, including wage records, and the estimate based on material cost with added gross profit was found reasonable. The text also states that a brass cradle manufactured by the assessee could be treated as furniture for tax purposes, and that furniture was not confined to wooden articles unless the relevant taxing entry for the assessment year so required. The later amendment limiting the entry to wooden furniture was treated as inapplicable to the assessment year in question. en-us Mon, 21 Sep 1981 00:00:00 +0530 Mon, 22 Jul 2013 16:46:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153348 A best judgment assessment of turnover was sustained where the assessee failed to maintain material manufacturing accounts, including wage records, and the estimate based on material cost with added gross profit was found reasonable. The text also states that a brass cradle manufactured by the assessee could be treated as furniture for tax purposes, and that furniture was not confined to wooden articles unless the relevant taxing entry for the assessment year so required. The later amendment limiting the entry to wooden furniture was treated as inapplicable to the assessment year in question. Case-Laws VAT and Sales Tax Mon, 21 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153348