https://www.taxtmi.com/caselaws?id=23535 Best judgment assessment of tea turnover must rest on relevant material, fair estimation and the prescribed computation method; taxing the entire taxable turnover as agricultural income was unsustainable because tea income is assessable only to the extent legally attributable to agricultural income after admissible deductions. The assessment and revisional orders were also vitiated by denial of effective opportunity, since the objections were not heard before completion of assessment, and by failure to address the 60% limitation applicable to tea income. Recovery proceedings were not wholly invalid, however, because separate action for other dues could continue. The agricultural income-tax assessments were set aside and the matter was remitted for fresh assessment. en-us Fri, 21 Apr 1989 00:00:00 +0530 Mon, 21 Dec 2009 15:46:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23535 Best judgment assessment of tea turnover must rest on relevant material, fair estimation and the prescribed computation method; taxing the entire taxable turnover as agricultural income was unsustainable because tea income is assessable only to the extent legally attributable to agricultural income after admissible deductions. The assessment and revisional orders were also vitiated by denial of effective opportunity, since the objections were not heard before completion of assessment, and by failure to address the 60% limitation applicable to tea income. Recovery proceedings were not wholly invalid, however, because separate action for other dues could continue. The agricultural income-tax assessments were set aside and the matter was remitted for fresh assessment. Case-Laws Income Tax Fri, 21 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23535