https://www.taxtmi.com/caselaws?id=795717 Best judgment assessment may reject books not produced during survey, but enhancement of taxable turnover requires cogent supporting material. Explained loose papers whose entries were verifiable from regular books did not establish suppression or concealment. In the absence of evidence of unrecorded purchases from unregistered dealers or undisclosed transactions, turnover enhancement could not rest on presumptions or surmises. The article notes that the disclosed taxable turnover was accepted because the enhancement lacked an evidentiary basis. en-us Mon, 06 Jul 2026 00:00:00 +0530 Sat, 25 Jul 2026 14:04:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795717 Best judgment assessment may reject books not produced during survey, but enhancement of taxable turnover requires cogent supporting material. Explained loose papers whose entries were verifiable from regular books did not establish suppression or concealment. In the absence of evidence of unrecorded purchases from unregistered dealers or undisclosed transactions, turnover enhancement could not rest on presumptions or surmises. The article notes that the disclosed taxable turnover was accepted because the enhancement lacked an evidentiary basis. Case-Laws VAT / Sales Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795717