https://www.taxtmi.com/caselaws?id=383198 A best judgment assessment cannot rest solely on a dealer's statement recorded by enforcement officers, particularly where stock difference is inferred from that statement. The Madras HC noted that the dealer filed monthly returns under the Tamil Nadu Value Added Tax Act, 2006 and that the impugned order rejected objections mainly on the basis of inspection findings and the signed difference statement. As that foundation was insufficient by itself, the order was not sustained as a final assessment and was treated as a show-cause notice. The matter was remitted for fresh assessment under Section 22(4) after receipt of objections and compliance with the stipulated deposit. en-us Fri, 12 Jul 2019 00:00:00 +0530 Fri, 19 Jul 2019 07:41:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383198 A best judgment assessment cannot rest solely on a dealer's statement recorded by enforcement officers, particularly where stock difference is inferred from that statement. The Madras HC noted that the dealer filed monthly returns under the Tamil Nadu Value Added Tax Act, 2006 and that the impugned order rejected objections mainly on the basis of inspection findings and the signed difference statement. As that foundation was insufficient by itself, the order was not sustained as a final assessment and was treated as a show-cause notice. The matter was remitted for fresh assessment under Section 22(4) after receipt of objections and compliance with the stipulated deposit. Case-Laws VAT and Sales Tax Fri, 12 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383198