Best Judgement - scope of estimation - While best of judgment ...

Best Judgment Assessments in VAT Must Be Fair, Not Arbitrary or Whimsical, Ensuring Reasonable Tax Practices.

July 13, 2015

Case Laws VAT and Sales Tax HC

Best Judgement - scope of estimation - While best of judgment assessment may involve an element of guess work, but at the same time, it is settled law that it must be made bona fide and it cannot be whimsical or arbitrary. - HC

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Best Judgement - scope of estimation - While best of judgment ...

Best Judgment Assessments in VAT Must Be Fair, Not Arbitrary or Whimsical, Ensuring Reasonable Tax Practices.

July 13, 2015

Case Laws VAT and Sales Tax HC

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