https://www.taxtmi.com/caselaws?id=160578 The Court ruled in favor of the petitioner in a tax revision case involving an arrack business. It found no evidence of unauthorized purchases or sales, rejecting additions made based on account maintenance issues and suppressed sales of arrack. The Court emphasized the lack of concrete evidence for best judgment assessment by the Revenue, ruling in favor of the petitioner on this aspect. However, the Court upheld the levy of tax on curry rent, ultimately modifying the Tribunal's order by deleting the addition for turnover due to account maintenance issues and dismissing an additional order. en-us Mon, 12 Mar 2001 00:00:00 +0530 Fri, 20 Dec 2013 14:43:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160578 The Court ruled in favor of the petitioner in a tax revision case involving an arrack business. It found no evidence of unauthorized purchases or sales, rejecting additions made based on account maintenance issues and suppressed sales of arrack. The Court emphasized the lack of concrete evidence for best judgment assessment by the Revenue, ruling in favor of the petitioner on this aspect. However, the Court upheld the levy of tax on curry rent, ultimately modifying the Tribunal's order by deleting the addition for turnover due to account maintenance issues and dismissing an additional order. Case-Laws VAT and Sales Tax Mon, 12 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160578