https://www.taxtmi.com/caselaws?id=156923 Unreliable accounts justified best-judgment assessment of turnover where the dealer failed to maintain or produce essential records such as purchase vouchers, cash book, ledger and stock register. Sales vouchers alone were treated as an insufficient basis for ascertaining true turnover. The appellate authority erred by ignoring the dealer's inconsistent stand on purchase vouchers and by not applying the settled approach that, in the absence of better material, a normal business increase may be used as a reasonable estimate. The revisional authority was therefore justified in correcting the appellate order, and the 15 per cent enhancement of turnover was upheld. en-us Fri, 22 Feb 1991 00:00:00 +0530 Thu, 26 Sep 2013 14:14:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156923 Unreliable accounts justified best-judgment assessment of turnover where the dealer failed to maintain or produce essential records such as purchase vouchers, cash book, ledger and stock register. Sales vouchers alone were treated as an insufficient basis for ascertaining true turnover. The appellate authority erred by ignoring the dealer's inconsistent stand on purchase vouchers and by not applying the settled approach that, in the absence of better material, a normal business increase may be used as a reasonable estimate. The revisional authority was therefore justified in correcting the appellate order, and the 15 per cent enhancement of turnover was upheld. Case-Laws VAT and Sales Tax Fri, 22 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156923