https://www.taxtmi.com/caselaws?id=187731 Where manufacturing accounts required under Section 12(2) of the U.P. Trade Tax Act were not maintained, rejection of the books of account justified a best judgment assessment. In such an assessment, some element of guesswork is permissible, and electricity consumption may be taken into account for estimating taxable turnover. The Tribunal's view that the assessment order suffered from no legal infirmity was accepted, and the determination of turnover on that basis was treated as valid. en-us Mon, 24 Jul 2000 00:00:00 +0530 Fri, 04 Nov 2016 10:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187731 Where manufacturing accounts required under Section 12(2) of the U.P. Trade Tax Act were not maintained, rejection of the books of account justified a best judgment assessment. In such an assessment, some element of guesswork is permissible, and electricity consumption may be taken into account for estimating taxable turnover. The Tribunal's view that the assessment order suffered from no legal infirmity was accepted, and the determination of turnover on that basis was treated as valid. Case-Laws VAT and Sales Tax Mon, 24 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187731