https://www.taxtmi.com/caselaws?id=7459 The court quashed the assessment made by the Deputy Commercial Tax Officer, emphasizing the need for a valid and reliable basis for assessments. The court found the reliance on electricity consumption and tests from other mills to be arbitrary and lacking proper justification. It highlighted the importance of conducting specific tests in the petitioners' own rotaries to determine the turnover accurately. The assessment orders were set aside, allowing authorities to reassess the matter following proper procedures to ensure fairness and accuracy in taxation. en-us Tue, 04 Feb 1969 00:00:00 +0530 Fri, 20 Feb 2009 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7459 The court quashed the assessment made by the Deputy Commercial Tax Officer, emphasizing the need for a valid and reliable basis for assessments. The court found the reliance on electricity consumption and tests from other mills to be arbitrary and lacking proper justification. It highlighted the importance of conducting specific tests in the petitioners' own rotaries to determine the turnover accurately. The assessment orders were set aside, allowing authorities to reassess the matter following proper procedures to ensure fairness and accuracy in taxation. Case-Laws Income Tax Tue, 04 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7459