https://www.taxtmi.com/caselaws?id=244785 The judgment quashes the unsustainable assessments of turnover for the financial year 2004-2005, based on unreasonable assumptions without proper basis. The Assessing Authority's arbitrary daily sales estimation led to an inflated turnover figure, significantly higher than subsequent years. The original assessment, Appellate Authority, and Tribunal decisions are deemed unsound, prompting a remittal for a fair reassessment ensuring adherence to natural justice principles and evidence-based evaluation. The case underscores the necessity for a just assessment process and the opportunity for the assessee to present their case adequately. en-us Tue, 12 Mar 2013 00:00:00 +0530 Mon, 14 Jul 2014 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244785 The judgment quashes the unsustainable assessments of turnover for the financial year 2004-2005, based on unreasonable assumptions without proper basis. The Assessing Authority's arbitrary daily sales estimation led to an inflated turnover figure, significantly higher than subsequent years. The original assessment, Appellate Authority, and Tribunal decisions are deemed unsound, prompting a remittal for a fair reassessment ensuring adherence to natural justice principles and evidence-based evaluation. The case underscores the necessity for a just assessment process and the opportunity for the assessee to present their case adequately. Case-Laws VAT and Sales Tax Tue, 12 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244785