https://www.taxtmi.com/caselaws?id=127175 Unreliable books may justify a best judgment assessment under Section 10(3) of the Bihar Sales Tax Act, 1944, because the assessing authority is not bound to accept materially non-compliant records. A deduction under Section 5(2)(a)(i) cannot be denied merely for irregularities in receipts, counterfoils, or cash memos unless the documents are shown to be fabricated or the accounts are otherwise false. Amounts realised from purchasers as part of the consideration for goods form part of sale price and may be included in gross turnover unless the statute permits exclusion. en-us Mon, 04 Feb 1952 00:00:00 +0530 Wed, 27 Feb 2013 18:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127175 Unreliable books may justify a best judgment assessment under Section 10(3) of the Bihar Sales Tax Act, 1944, because the assessing authority is not bound to accept materially non-compliant records. A deduction under Section 5(2)(a)(i) cannot be denied merely for irregularities in receipts, counterfoils, or cash memos unless the documents are shown to be fabricated or the accounts are otherwise false. Amounts realised from purchasers as part of the consideration for goods form part of sale price and may be included in gross turnover unless the statute permits exclusion. Case-Laws VAT and Sales Tax Mon, 04 Feb 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127175