https://www.taxtmi.com/caselaws?id=382496 The High Court upheld the Tribunal's decision regarding the estimation of turnover and selling rate, dismissing the revision and ruling in favor of the assessee on all issues raised. The rejection of books of account and consequent best judgment assessment were deemed valid, and the estimation of turnover and selling rate by the Tribunal was found reasonable based on industry practices and survey evidence. The Tribunal's decision was upheld, emphasizing the lack of merit in the revision. en-us Tue, 02 Jul 2019 00:00:00 +0530 Fri, 05 Jul 2019 06:04:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382496 The High Court upheld the Tribunal's decision regarding the estimation of turnover and selling rate, dismissing the revision and ruling in favor of the assessee on all issues raised. The rejection of books of account and consequent best judgment assessment were deemed valid, and the estimation of turnover and selling rate by the Tribunal was found reasonable based on industry practices and survey evidence. The Tribunal's decision was upheld, emphasizing the lack of merit in the revision. Case-Laws VAT and Sales Tax Tue, 02 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382496