1980 (11) TMI 163

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..... ick kiln owner. It maintained pathi, bharai, stock, brick and coal and daily sale register. It also maintained cash memo and coal purchase vouchers. The assessing authority however rejected its accounts books for 1972-73 and 1975-76 because the assessee did not maintain cash books and ledger. In appeal the order was maintained because in absence of cash and ledger, the profit and loss of assessee .....

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..... elieved because it did not intimate firing period cannot be accepted as relevant consideration for determining whether account books maintained by assessee were in accordance with law. If from various registers maintained by assessee the sale and purchase of bricks was verifiable its accounts books could not be rejected due to failure of intimation regarding firing period. Nor was he justified in .....

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