https://www.taxtmi.com/caselaws?id=168940 The court ruled in favor of the assessee, setting aside the assessment orders that rejected the account books and conducted a best judgment assessment solely based on post-assessment year survey findings. The court emphasized the necessity of tangible evidence for best judgment assessments, highlighting that surveys conducted in subsequent periods without additional proof are insufficient for determining taxable turnover in the relevant assessment year. The judgment underscored the importance of substantive evidence in assessments, ultimately allowing the revision in favor of the assessee. en-us Tue, 28 May 2013 00:00:00 +0530 Mon, 06 Apr 2015 19:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168940 The court ruled in favor of the assessee, setting aside the assessment orders that rejected the account books and conducted a best judgment assessment solely based on post-assessment year survey findings. The court emphasized the necessity of tangible evidence for best judgment assessments, highlighting that surveys conducted in subsequent periods without additional proof are insufficient for determining taxable turnover in the relevant assessment year. The judgment underscored the importance of substantive evidence in assessments, ultimately allowing the revision in favor of the assessee. Case-Laws VAT and Sales Tax Tue, 28 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168940