https://www.taxtmi.com/caselaws?id=154564 A best judgment assessment based on current consumption can be sustained where the estimating officer acts honestly and on a rational, recognised method. An appellate or revisional authority should be slow to interfere with such an estimate and should not replace it with a different percentage-based approach without intelligible reasons or supporting material. Interference is warranted only if the estimate is shown to be dishonest, arbitrary, capricious, irrational, or unsupported by material. On these principles, the Tribunal's reversal of the assessing authority's estimate was unsustainable. en-us Wed, 06 Nov 1985 00:00:00 +0530 Fri, 23 Aug 2013 16:29:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154564 A best judgment assessment based on current consumption can be sustained where the estimating officer acts honestly and on a rational, recognised method. An appellate or revisional authority should be slow to interfere with such an estimate and should not replace it with a different percentage-based approach without intelligible reasons or supporting material. Interference is warranted only if the estimate is shown to be dishonest, arbitrary, capricious, irrational, or unsupported by material. On these principles, the Tribunal's reversal of the assessing authority's estimate was unsustainable. Case-Laws VAT and Sales Tax Wed, 06 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154564