https://www.taxtmi.com/caselaws?id=273258 A taxing authority cannot reopen accepted weekly returns and invoke best judgment assessment merely because seized records suggest suppression; once the returns were accepted and tax was levied and collected on that basis, the foundation for treating them as incorrect or incomplete disappeared. The entertainments tax statute, as then in force, also contained no express power to assess escaped turnover or escaped income, unlike other fiscal enactments that specifically provided for escaped assessment. In the absence of such statutory authority, further demand could not be sustained, and the assessment and demand were quashed. en-us Tue, 04 Oct 1966 00:00:00 +0530 Wed, 13 Jun 2018 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273258 A taxing authority cannot reopen accepted weekly returns and invoke best judgment assessment merely because seized records suggest suppression; once the returns were accepted and tax was levied and collected on that basis, the foundation for treating them as incorrect or incomplete disappeared. The entertainments tax statute, as then in force, also contained no express power to assess escaped turnover or escaped income, unlike other fiscal enactments that specifically provided for escaped assessment. In the absence of such statutory authority, further demand could not be sustained, and the assessment and demand were quashed. Case-Laws VAT and Sales Tax Tue, 04 Oct 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273258