https://www.taxtmi.com/caselaws?id=390964 Failure to file the audit report under the Tamil Nadu VAT Act may attract the statutory penalty, and the assessing authority may still invoke best judgment powers, but any enhancement of declared turnover must be supported by enquiry, material and reasons. An assessment that increases turnover by 50% without a rational basis or due application of mind is arbitrary and unsustainable. The availability of an alternative remedy is ordinarily discretionary rather than an absolute bar to writ jurisdiction, especially where the assessment is shockingly arbitrary. The pre-existing penalty for the default cannot justify an additional unsupported turnover enhancement. en-us Thu, 12 Dec 2019 00:00:00 +0530 Thu, 16 Jan 2020 11:14:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390964 Failure to file the audit report under the Tamil Nadu VAT Act may attract the statutory penalty, and the assessing authority may still invoke best judgment powers, but any enhancement of declared turnover must be supported by enquiry, material and reasons. An assessment that increases turnover by 50% without a rational basis or due application of mind is arbitrary and unsustainable. The availability of an alternative remedy is ordinarily discretionary rather than an absolute bar to writ jurisdiction, especially where the assessment is shockingly arbitrary. The pre-existing penalty for the default cannot justify an additional unsupported turnover enhancement. Case-Laws VAT and Sales Tax Thu, 12 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390964