https://www.taxtmi.com/caselaws?id=172999 An assessment made under the proviso to Section 13 must rest on a discernible basis and not on arbitrary guesswork, and the assessment order should disclose the basis and manner of computation so the assessee can effectively exercise appeal rights. The court also found that the estimate of profits was supported by the record, including the nature of the business, sales pattern, comparative past results and local trading conditions. On that material, the rates adopted for the different heads of business were treated as reasonable estimates rather than unsupported additions. en-us Fri, 17 Apr 1953 00:00:00 +0530 Mon, 07 Sep 2015 11:47:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172999 An assessment made under the proviso to Section 13 must rest on a discernible basis and not on arbitrary guesswork, and the assessment order should disclose the basis and manner of computation so the assessee can effectively exercise appeal rights. The court also found that the estimate of profits was supported by the record, including the nature of the business, sales pattern, comparative past results and local trading conditions. On that material, the rates adopted for the different heads of business were treated as reasonable estimates rather than unsupported additions. Case-Laws Income Tax Fri, 17 Apr 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172999