https://www.taxtmi.com/caselaws?id=272534 In best judgment assessment, a turnover estimate must be consistent with the authority's own factual findings and cannot exceed what those findings reasonably support. The High Court noted that the books of account were validly rejected and that no illegality was shown in that rejection, so that aspect remained undisturbed. However, the Tribunal's own finding on production rates supported an annual output of 13,50,000 bricks, making the fixation of turnover at 15,00,000 bricks inconsistent. The higher turnover estimate was therefore set aside and the turnover was directed to be redetermined after reducing 1,50,000 bricks. en-us Tue, 15 Jan 1985 00:00:00 +0530 Mon, 07 May 2018 16:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272534 In best judgment assessment, a turnover estimate must be consistent with the authority's own factual findings and cannot exceed what those findings reasonably support. The High Court noted that the books of account were validly rejected and that no illegality was shown in that rejection, so that aspect remained undisturbed. However, the Tribunal's own finding on production rates supported an annual output of 13,50,000 bricks, making the fixation of turnover at 15,00,000 bricks inconsistent. The higher turnover estimate was therefore set aside and the turnover was directed to be redetermined after reducing 1,50,000 bricks. Case-Laws VAT and Sales Tax Tue, 15 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272534