https://www.taxtmi.com/caselaws?id=155370 Best judgment assessment could not be sustained merely because returns were not submitted or a day-to-day manufacturing account was not maintained. Under the unamended section 26 of the Madhya Pradesh General Sales Tax Act, 1958 and rule 52, the assessee was required only to maintain accounts, not the later, more elaborate records introduced by amendment. In the absence of a statutory requirement for the specific records demanded by the assessing authority, and without a finding that the accounting method was unreliable for proper assessment, rejection of the books was unwarranted. The Tribunal's view that best judgment assessment was uncalled for was upheld in favour of the assessee. en-us Tue, 20 Oct 1987 00:00:00 +0530 Tue, 03 Sep 2013 17:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155370 Best judgment assessment could not be sustained merely because returns were not submitted or a day-to-day manufacturing account was not maintained. Under the unamended section 26 of the Madhya Pradesh General Sales Tax Act, 1958 and rule 52, the assessee was required only to maintain accounts, not the later, more elaborate records introduced by amendment. In the absence of a statutory requirement for the specific records demanded by the assessing authority, and without a finding that the accounting method was unreliable for proper assessment, rejection of the books was unwarranted. The Tribunal's view that best judgment assessment was uncalled for was upheld in favour of the assessee. Case-Laws VAT and Sales Tax Tue, 20 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155370