https://www.taxtmi.com/caselaws?id=369871 The High Court held that the Tribunal's decision to enhance the turnover based on fluctuating electricity consumption for a best judgment assessment under the U.P. Value Added Tax Act, 2008 was unsustainable. Without evidence of concealed clearance or excess electricity consumption, the estimation of turnover was unjustified. The Court emphasized the necessity of adhering to established legal principles in assessment proceedings unless compelling distinguishing facts warrant deviation. As a result, the question of law was decided in favor of the assessee, and the revision was allowed with no costs imposed. en-us Mon, 29 Oct 2018 00:00:00 +0530 Sun, 04 Nov 2018 20:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369871 The High Court held that the Tribunal's decision to enhance the turnover based on fluctuating electricity consumption for a best judgment assessment under the U.P. Value Added Tax Act, 2008 was unsustainable. Without evidence of concealed clearance or excess electricity consumption, the estimation of turnover was unjustified. The Court emphasized the necessity of adhering to established legal principles in assessment proceedings unless compelling distinguishing facts warrant deviation. As a result, the question of law was decided in favor of the assessee, and the revision was allowed with no costs imposed. Case-Laws VAT and Sales Tax Mon, 29 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369871