https://www.taxtmi.com/caselaws?id=157670 Turnover cannot be fixed on a best judgment basis by ignoring affidavits, spot inspection material, and departmental reports that support a lower estimate. An assessment estimate must rest on some evidentiary foundation and cannot be based on surmise, conjecture, or an arbitrary figure; where relevant material is disregarded without cogent reasons, the process offends natural justice. On the facts noted, the turnover fixation was held arbitrary and unsustainable, and the penalties founded on that assessment also could not stand. The orders were quashed, and assessment was to proceed on the inspector's estimate without penalty. en-us Fri, 16 Mar 1990 00:00:00 +0530 Wed, 09 Oct 2013 12:47:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157670 Turnover cannot be fixed on a best judgment basis by ignoring affidavits, spot inspection material, and departmental reports that support a lower estimate. An assessment estimate must rest on some evidentiary foundation and cannot be based on surmise, conjecture, or an arbitrary figure; where relevant material is disregarded without cogent reasons, the process offends natural justice. On the facts noted, the turnover fixation was held arbitrary and unsustainable, and the penalties founded on that assessment also could not stand. The orders were quashed, and assessment was to proceed on the inspector's estimate without penalty. Case-Laws VAT and Sales Tax Fri, 16 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157670