https://www.taxtmi.com/caselaws?id=153871 Best-judgment assessment of turnover must rest on a rational factual basis and cannot include unsupported assumptions. The assessee's accounts were rejected, and enhancement based on increased investment and improved amenities was accepted on the facts. However, the further addition of 10% on the assumed basis of yearly turnover growth was found to lack justification. The daily sales turnover fixed at Rs. 480 was therefore not justified, and it was reduced to Rs. 440. en-us Mon, 15 Mar 1982 00:00:00 +0530 Thu, 01 Aug 2013 12:49:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153871 Best-judgment assessment of turnover must rest on a rational factual basis and cannot include unsupported assumptions. The assessee's accounts were rejected, and enhancement based on increased investment and improved amenities was accepted on the facts. However, the further addition of 10% on the assumed basis of yearly turnover growth was found to lack justification. The daily sales turnover fixed at Rs. 480 was therefore not justified, and it was reduced to Rs. 440. Case-Laws VAT and Sales Tax Mon, 15 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153871