https://www.taxtmi.com/caselaws?id=160428 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 was held to protect a sick industrial company only from coercive recovery measures, not from assessment, appeal, revision or the running of limitation under the sales tax law; the assessment was therefore not barred. The best judgment assessment was upheld because the assessee failed to produce books of account and showed no material that the turnover estimate was arbitrary or unsupported. The appeal was rejected for non-payment of admitted tax, since such payment was a condition precedent to maintainability, and the delayed revision disclosed no sufficient cause for interference or remand. en-us Fri, 01 Sep 2000 00:00:00 +0530 Tue, 17 Dec 2013 18:24:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160428 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 was held to protect a sick industrial company only from coercive recovery measures, not from assessment, appeal, revision or the running of limitation under the sales tax law; the assessment was therefore not barred. The best judgment assessment was upheld because the assessee failed to produce books of account and showed no material that the turnover estimate was arbitrary or unsupported. The appeal was rejected for non-payment of admitted tax, since such payment was a condition precedent to maintainability, and the delayed revision disclosed no sufficient cause for interference or remand. Case-Laws VAT and Sales Tax Fri, 01 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160428