https://www.taxtmi.com/caselaws?id=290337 The High Court set aside the best judgment assessment imposed on a petitioner for lack of documentation, rejecting arbitrary assessments and interest charges under the Central Sales Tax Act. The Court emphasized the need for rational assessments based on relevant material. Relying on legal precedents, the Court ruled the assessment as arbitrary and ordered a fresh assessment adhering to legal principles, overturning the penalty and interest charges under both the Delhi and Central Sales Tax Acts. en-us Wed, 27 May 1998 00:00:00 +0530 Sat, 19 Sep 2020 18:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290337 The High Court set aside the best judgment assessment imposed on a petitioner for lack of documentation, rejecting arbitrary assessments and interest charges under the Central Sales Tax Act. The Court emphasized the need for rational assessments based on relevant material. Relying on legal precedents, the Court ruled the assessment as arbitrary and ordered a fresh assessment adhering to legal principles, overturning the penalty and interest charges under both the Delhi and Central Sales Tax Acts. Case-Laws VAT and Sales Tax Wed, 27 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290337