1975 (4) TMI 119 - HC - VAT and Sales Tax

Summary

The High Court of Allahabad ruled in favor of the assessee, Messrs. Khera Shoe Company, stating that their account books were maintained in the ordinary course of business and were reliable, so they could not be rejected for not maintaining a stock register as per rule 72(2) of the U.P. Sales Tax Rules. The court answered the second question in favor of the assessee and did not address the first question. The assessee was awarded costs of Rs. 100.