1981 (6) TMI 122

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tively. The assessing officer determined the total turnover at Rs. 91,23,114.57 and the taxable turnover at Rs. 77,94,500. Though the assessing officer did not find any purchase or sale omission, on the ground that there are certain defects in the writing of accounts he rejected the accounts and added 2 1/2 per cent of the taxable turnover on account of probable omissions and defects in the accoun .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... was bad was not accepted by the Tribunal. The Tribunal also held that the addition of 1 1/2 per cent could not be said to be unreasonable and in that view the addition of Rs. 35,513.57 to the taxable turnover was accepted. In this revision petition, the learned counsel for the assessee strenuously contended that the rejection of the accounts was unreasonable and so arbitrary and it calls for an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... revision. It is true that with reference to a total turnover of Rs. 93,06,464.21 and a taxable turnover of Rs. 77,94,500.00 the addition of Rs. 35,513.57 is very minor and could have been avoided by the assessing officer. The learned counsel for the assessee may not also be far wrong in contending that simply for the sake of addition the assessing officers have made it. But all the same, as alre .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X