9911796707
TMI Blog1976 (1) TMI 45X X X X Extracts X X X X X X X X Extracts X X X X ..... t Rs. 15,701.32. 2. The AO while completing the assessment remarked that the appellant maintains purchase accounts, sales account, stock account and sales are supported by cash memos. The inspection dt. 1st July, 1973 reveals that the dealer has not made entries in his purchase register after 14th June, 1973 even though he has effected purchases thereafter. Those purchases are under bill no. 134 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... done on 1st July, 1973 and by that time the return for quarter 6/73 was not due. He has kept purchase vouchers for watch straps dt. 21st June, 1973 in the purchase register and non-inclusion in the register is only an irregularity. Hence the purchase register and non-inclusion in the register is only an irregularity. Hence the purchase accounts should not have been rejected. (II) He secondly urged ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s purchased on 21st June, 1973, and other fan purchased in the name of Sunakar, I may say that by the time of inspection on 1st July, 1973 the return was not due. The purchase vouchers of straps was there which has been included later. Hence this cannot establish purchase suppression. The other item is purchase of fan in the name of Sunakar. The appellant's explanation has been rejected as he has ..... X X X X Extracts X X X X X X X X Extracts X X X X
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