https://www.taxtmi.com/caselaws?id=164911 Search materials recovered from the assessee's business and residential premises, including account books and slips, contained particulars of dealers whose registration certificates had already been cancelled. As the assessee gave no satisfactory explanation for those materials and merely denied them, and the related cancellations were undisputed, the record supported suppression of transactions not reflected in the books. On that basis, the revisional authority was justified in restoring the best judgment assessment and penalty under Section 12(3) of the Tamil Nadu General Sales Tax Act. The challenge to the revised assessment therefore failed. en-us Wed, 16 Dec 2009 00:00:00 +0530 Tue, 06 May 2014 10:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164911 Search materials recovered from the assessee's business and residential premises, including account books and slips, contained particulars of dealers whose registration certificates had already been cancelled. As the assessee gave no satisfactory explanation for those materials and merely denied them, and the related cancellations were undisputed, the record supported suppression of transactions not reflected in the books. On that basis, the revisional authority was justified in restoring the best judgment assessment and penalty under Section 12(3) of the Tamil Nadu General Sales Tax Act. The challenge to the revised assessment therefore failed. Case-Laws VAT and Sales Tax Wed, 16 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164911