https://www.taxtmi.com/caselaws?id=164556 The High Court set aside the Tribunal's decision and reinstated the Appellate Assistant Commissioner's order in a case involving an oil mill. The Court emphasized the need for a comprehensive assessment considering all relevant factors, especially activities like decortication, in addition to crushing. The assessing authority was directed to re-examine the turnover estimation based on electricity consumption and stock data, ensuring accuracy and fairness in the assessment process. The penalty was also set aside due to the lack of proper estimation methods. en-us Thu, 02 Jul 2009 00:00:00 +0530 Thu, 06 Nov 2014 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164556 The High Court set aside the Tribunal's decision and reinstated the Appellate Assistant Commissioner's order in a case involving an oil mill. The Court emphasized the need for a comprehensive assessment considering all relevant factors, especially activities like decortication, in addition to crushing. The assessing authority was directed to re-examine the turnover estimation based on electricity consumption and stock data, ensuring accuracy and fairness in the assessment process. The penalty was also set aside due to the lack of proper estimation methods. Case-Laws VAT and Sales Tax Thu, 02 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164556