https://www.taxtmi.com/caselaws?id=187730 Rejection of the account books was justified because the manufacturer failed to maintain the stock and production records required under the sales tax law, and that mandatory non-compliance was undisputed. After rejection of the books, electricity consumption could be considered in best judgment assessment, but the resulting turnover estimate still had to be fair, reasoned and based on relevant production factors. A mechanical estimate drawn from prior consumption data, without adequate scrutiny of oil yield and related variables, was unsustainable, and the consequential addition to oil-seed turnover also fell. The turnover additions were set aside and remitted for fresh consideration. en-us Wed, 09 Mar 1988 00:00:00 +0530 Fri, 04 Nov 2016 10:28:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187730 Rejection of the account books was justified because the manufacturer failed to maintain the stock and production records required under the sales tax law, and that mandatory non-compliance was undisputed. After rejection of the books, electricity consumption could be considered in best judgment assessment, but the resulting turnover estimate still had to be fair, reasoned and based on relevant production factors. A mechanical estimate drawn from prior consumption data, without adequate scrutiny of oil yield and related variables, was unsustainable, and the consequential addition to oil-seed turnover also fell. The turnover additions were set aside and remitted for fresh consideration. Case-Laws VAT and Sales Tax Wed, 09 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187730