https://www.taxtmi.com/caselaws?id=19974 The High Court of Kerala upheld the best judgment assessment based on records from C. M. C., Vandenmedu for the assessment year 1980-81. The court found the reliance on these records justified as the assessee failed to object or provide alternative information. The court confirmed the validity and reliability of the auction center's records for the assessment, ruling in favor of the Revenue due to the assessee's lack of response and the adequacy of the records. en-us Mon, 21 Jun 1993 00:00:00 +0530 Tue, 10 Nov 2009 18:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19974 The High Court of Kerala upheld the best judgment assessment based on records from C. M. C., Vandenmedu for the assessment year 1980-81. The court found the reliance on these records justified as the assessee failed to object or provide alternative information. The court confirmed the validity and reliability of the auction center's records for the assessment, ruling in favor of the Revenue due to the assessee's lack of response and the adequacy of the records. Case-Laws Income Tax Mon, 21 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19974