Rejection of books and best judgment turnover estimation sustained where inspection revealed stock discrepancy and unaccounted transactions.

Revisional interference was unwarranted where the books of account had been rejected on inspection findings showing stock discrepancy and unaccounted transactions, which were sufficient material to discard the accounts. Once the accounts were rejected, turnover had to be assessed on a best judgment basis. The Tribunal, as the final fact-finding authority, fixed turnover at three times the average running stock after considering the record, and that estimation was sustained because it rested on relevant material.

---

---

Issues: Whether the revisional court should interfere with the Tribunal's order sustaining rejection of the books of account and estimation of turnover on a best judgment basis.

Analysis: The books of account were rejected on the basis of inspection findings disclosing stock discrepancy and unaccounted transactions, and the authorities treated those irregularities as sufficient material for discarding the accounts. Once the accounts were rejected, the turnover had to be assessed on the basis of best judgment. The Tribunal, as the final fact-finding authority, fixed the turnover at three times the average running stock after considering the materials on record.

Conclusion: No interference was warranted, as the Tribunal's decision rested on sufficient relevant materials.

---