https://www.taxtmi.com/caselaws?id=459006 Best judgment assessment under the TNVAT Act based on alleged willful suppression of turnover was upheld in writ jurisdiction, with the Court declining to interfere with the assessment and penalty imposed under the statutory provision. The Court noted that purchases were found from departmental records, monthly returns and tax were not filed, and belated returns were not entertained under the Rules. While the writ challenge failed, the Court granted a short extension of time to enable filing of the statutory appeal before the appellate authority. en-us Mon, 09 Oct 2017 00:00:00 +0530 Mon, 25 Nov 2024 21:08:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459006 Best judgment assessment under the TNVAT Act based on alleged willful suppression of turnover was upheld in writ jurisdiction, with the Court declining to interfere with the assessment and penalty imposed under the statutory provision. The Court noted that purchases were found from departmental records, monthly returns and tax were not filed, and belated returns were not entertained under the Rules. While the writ challenge failed, the Court granted a short extension of time to enable filing of the statutory appeal before the appellate authority. Case-Laws VAT / Sales Tax Mon, 09 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459006