1981 (8) TMI 245 - HC - VAT and Sales Tax

Summary

The High Court of Allahabad rejected the account book of the assessee for the assessment year 1974-75, but upheld the turnover determined by the Tribunal. The Tribunal erred in accepting the accounts despite the assessee not maintaining a manufacturing account. The disclosed turnover of the assessee was deemed acceptable due to a technical defect. The revision was allowed, the tribunal's order was set aside, and the account book was rejected.