https://www.taxtmi.com/caselaws?id=164846 The High Court upheld the imposition of tax based on suppressed sales turnover, rejecting the assessee's challenge to the assessing authority's addition of three times the admitted suppressed turnover. The court emphasized the assessing authority's discretion in estimating turnover when exact figures are unavailable, stating that as long as the estimation is rational and unbiased, the court should not intervene. The judgment underscores the importance of respecting the assessing authority's judgment in estimating suppressed turnover and highlights the limited role of the court in reviewing such estimations. en-us Fri, 13 Aug 2010 00:00:00 +0530 Mon, 05 May 2014 11:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164846 The High Court upheld the imposition of tax based on suppressed sales turnover, rejecting the assessee's challenge to the assessing authority's addition of three times the admitted suppressed turnover. The court emphasized the assessing authority's discretion in estimating turnover when exact figures are unavailable, stating that as long as the estimation is rational and unbiased, the court should not intervene. The judgment underscores the importance of respecting the assessing authority's judgment in estimating suppressed turnover and highlights the limited role of the court in reviewing such estimations. Case-Laws VAT and Sales Tax Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164846