1981 (8) TMI 246 - HC - VAT and Sales Tax

Summary

The High Court upheld the rejection of account-books for the assessment year 1972-73 due to technical reasons but accepted the disclosed turnover. The higher electricity consumption and decline in turnover were not considered valid grounds for rejection. The failure to maintain a stock register led to the rejection. The revision was partially allowed, and the assessee's turnover was accepted. Costs were assessed at Rs. 300.