https://www.taxtmi.com/caselaws?id=303991 Suppression of turnover may justify best judgment assessment where check-post extracts, bank records and information from purchasing dealers mutually corroborate escaped sales and purchases, and the assessee fails to produce primary accounts, weigh bills or credible proof supporting its explanation. A request for cross-examination does not vitiate the assessment unless real prejudice is shown and a material foundation is laid; estimation based on electricity consumption may be a permissible method, but it need not be the sole basis where stronger documentary material exists. Where nil or abnormally low returns conceal actual transactions, the extended limitation period can apply. en-us Tue, 07 Apr 2015 00:00:00 +0530 Wed, 31 Aug 2022 05:44:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303991 Suppression of turnover may justify best judgment assessment where check-post extracts, bank records and information from purchasing dealers mutually corroborate escaped sales and purchases, and the assessee fails to produce primary accounts, weigh bills or credible proof supporting its explanation. A request for cross-examination does not vitiate the assessment unless real prejudice is shown and a material foundation is laid; estimation based on electricity consumption may be a permissible method, but it need not be the sole basis where stronger documentary material exists. Where nil or abnormally low returns conceal actual transactions, the extended limitation period can apply. Case-Laws VAT and Sales Tax Tue, 07 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303991