https://www.taxtmi.com/caselaws?id=161035 A notice under section 11(2) stating that non-compliance would lead to best judgment assessment was treated as an effective step initiating proceedings under section 11(4), so the assessment was not time-barred. The turnover estimate was upheld because some estimation is inherent in best judgment assessment, the figure was supported by the preceding year's turnover and the assessee had prior notice but produced no books or objection at that stage. On those facts, the estimate was not found arbitrary, and the assessment was sustained. en-us Thu, 02 Aug 2001 00:00:00 +0530 Mon, 30 Dec 2013 15:07:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161035 A notice under section 11(2) stating that non-compliance would lead to best judgment assessment was treated as an effective step initiating proceedings under section 11(4), so the assessment was not time-barred. The turnover estimate was upheld because some estimation is inherent in best judgment assessment, the figure was supported by the preceding year's turnover and the assessee had prior notice but produced no books or objection at that stage. On those facts, the estimate was not found arbitrary, and the assessment was sustained. Case-Laws VAT and Sales Tax Thu, 02 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161035