https://www.taxtmi.com/caselaws?id=164983 After an assessment is set aside in full and the matter is remanded for cross-examination of third-party witnesses, the assessing authority must conduct a fresh and comprehensive reassessment. It cannot rely only on witness statements in isolation and must also verify and consider the dealer's books of account as part of the material necessary for arriving at the correct taxable assessment. The principle applied is that best judgment assessment must be based on all relevant materials taken together, not by ignoring accounts produced by the dealer. The refusal to examine the books of account before making the fresh assessment was therefore unsustainable. en-us Sun, 27 Dec 2009 00:00:00 +0530 Sat, 18 Oct 2014 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164983 After an assessment is set aside in full and the matter is remanded for cross-examination of third-party witnesses, the assessing authority must conduct a fresh and comprehensive reassessment. It cannot rely only on witness statements in isolation and must also verify and consider the dealer's books of account as part of the material necessary for arriving at the correct taxable assessment. The principle applied is that best judgment assessment must be based on all relevant materials taken together, not by ignoring accounts produced by the dealer. The refusal to examine the books of account before making the fresh assessment was therefore unsustainable. Case-Laws VAT and Sales Tax Sun, 27 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164983