https://www.taxtmi.com/caselaws?id=425015 Where the record did not provide a reliable basis to fix the yield of rice bran oil, remand for fresh assessment was permissible. The Tribunal found that neither the assessing authority's 20% yield figure nor the assessee's claimed yields was supported by logic, scientific calculation, or adequate material. In that situation, directing a fresh inquiry to examine the machine's age, the quality of rice bran, and the actual yield was a proper course. The High Court found no error in that approach and upheld the remand, answering the issue against the assessee and in favour of the Department. en-us Mon, 11 Jul 2022 00:00:00 +0530 Thu, 14 Jul 2022 08:52:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425015 Where the record did not provide a reliable basis to fix the yield of rice bran oil, remand for fresh assessment was permissible. The Tribunal found that neither the assessing authority's 20% yield figure nor the assessee's claimed yields was supported by logic, scientific calculation, or adequate material. In that situation, directing a fresh inquiry to examine the machine's age, the quality of rice bran, and the actual yield was a proper course. The High Court found no error in that approach and upheld the remand, answering the issue against the assessee and in favour of the Department. Case-Laws VAT and Sales Tax Mon, 11 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425015