https://www.taxtmi.com/highlights?id=43085 A best judgment assessment should be based on material and data on record. It is not a tool in the hands of the Adjudicating Authority to punish the assessee. The estimation should be fair and reasonable, and not a wild guess work. en-us Wed, 05 Dec 2018 08:00:59 +0530 Wed, 05 Dec 2018 08:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=43085 A best judgment assessment should be based on material and data on record. It is not a tool in the hands of the Adjudicating Authority to punish the assessee. The estimation should be fair and reasonable, and not a wild guess work. Highlights Service Tax Wed, 05 Dec 2018 08:00:59 +0530 https://www.taxtmi.com/highlights?id=43085