https://www.taxtmi.com/caselaws?id=70954 The appellate tribunal allowed the appeal, overturning the enhancement of the Gross Turnover by Rs. 10,000. The assessing officer was directed to recalculate the tax payable based on the returned figures, with deductions for specific sales and taxes. The tribunal emphasized the importance of meticulous record-keeping and the need for verifiable discrepancies before rejecting accounts solely based on unsupported vouchers. en-us Thu, 31 Mar 1977 00:00:00 +0530 Mon, 23 Jan 2012 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70954 The appellate tribunal allowed the appeal, overturning the enhancement of the Gross Turnover by Rs. 10,000. The assessing officer was directed to recalculate the tax payable based on the returned figures, with deductions for specific sales and taxes. The tribunal emphasized the importance of meticulous record-keeping and the need for verifiable discrepancies before rejecting accounts solely based on unsupported vouchers. Case-Laws Income Tax Thu, 31 Mar 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70954