1994 (1) TMI 261

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..... second appeal for the assessment year 1967-68. I have heard learned counsel for the revisionist and the learned Standing Counsel. The assessee deals in the purchase of oil seeds and production of oil. His books of account were not accepted and the turnover of purchase of oil seeds and sale of oil was determined on best judgment assessment vide order dated October 24, 1981. The revisionist pre .....

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..... pointed out that in this case the first assessment was made on December 30, 1971, which was set aside by the Assistant Commissioner (Judicial) vide order dated August 23, 1972. A fresh assessment was made on August 24, 1979, which was again set aside by the first appellate authority vide order dated October 24, 1980. Thereafter an assessment on October 24, 1981, was made out of which the present .....

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..... ] 66 STC 259 (All.); 1987 UPTC 1004, in which it was held that nonmaintenance of purchase vouchers, absence of addresses of the sellers, nonmaintenance of stock register, non-preservation of challans for taking the goods out of the city and non-verifiability of the accounts of the dealers cannot be proper grounds for rejecting the accounts of the dealer and for making the best judgment. Reliance w .....

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