https://www.taxtmi.com/caselaws?id=163148 An estimate of suppressed turnover based mainly on sales noticed on a single inspection day cannot be extended to the full assessment year without a reasonable nexus to material showing year-long suppression; the court therefore reduced the addition in part. Additions sustained on other items were maintained because no legal infirmity was shown in those findings, and the consequential penalty was upheld proportionately to the turnovers retained. en-us Wed, 22 Aug 2007 00:00:00 +0530 Mon, 29 Dec 2014 19:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163148 An estimate of suppressed turnover based mainly on sales noticed on a single inspection day cannot be extended to the full assessment year without a reasonable nexus to material showing year-long suppression; the court therefore reduced the addition in part. Additions sustained on other items were maintained because no legal infirmity was shown in those findings, and the consequential penalty was upheld proportionately to the turnovers retained. Case-Laws VAT and Sales Tax Wed, 22 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163148