https://www.taxtmi.com/caselaws?id=155122 An assessment based on acceptance of the returned turnover in full, without any variation, estimation, or finding that the return was incomplete or false, is not a best judgment assessment. Best judgment assessment requires some element of estimation or guesswork by the assessing authority. Because that statutory foundation was absent, the penalty provisions linked to best judgment assessments under section 14(3) read with section 14(8) of the A.P. General Sales Tax Act were not attracted, and the penalty was unsustainable. en-us Tue, 12 Jun 1984 00:00:00 +0530 Sat, 31 Aug 2013 15:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155122 An assessment based on acceptance of the returned turnover in full, without any variation, estimation, or finding that the return was incomplete or false, is not a best judgment assessment. Best judgment assessment requires some element of estimation or guesswork by the assessing authority. Because that statutory foundation was absent, the penalty provisions linked to best judgment assessments under section 14(3) read with section 14(8) of the A.P. General Sales Tax Act were not attracted, and the penalty was unsustainable. Case-Laws VAT and Sales Tax Tue, 12 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155122