https://www.taxtmi.com/caselaws?id=105805 Higher electricity consumption, declining production figures, and non-production of the production register, wage records, labour attendance records, and material-wise job-work accounts justified rejection of the books of account. The Tribunal, as final fact-finding authority, relied on these surrounding circumstances to infer suppression of production and turnover. The assessee's explanation for the change in product thickness and the alleged continued operation of the chilling plant during closure was rejected on the facts. The rejection of the books and estimation of turnover were upheld as sustained findings of fact not liable to interference. en-us Wed, 31 Jan 2007 00:00:00 +0530 Tue, 22 Dec 2015 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105805 Higher electricity consumption, declining production figures, and non-production of the production register, wage records, labour attendance records, and material-wise job-work accounts justified rejection of the books of account. The Tribunal, as final fact-finding authority, relied on these surrounding circumstances to infer suppression of production and turnover. The assessee's explanation for the change in product thickness and the alleged continued operation of the chilling plant during closure was rejected on the facts. The rejection of the books and estimation of turnover were upheld as sustained findings of fact not liable to interference. Case-Laws VAT and Sales Tax Wed, 31 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105805