https://www.taxtmi.com/caselaws?id=150128 A survey conducted in a later assessment year cannot, by itself, justify rejection of the assessee's books for an earlier year unless the material found has a clear nexus with that year. The text applies the principle that each assessment year is a self-contained unit and that book rejection must rest on relevant evidence for the year under assessment, not on mere suspicion from later-year transactions. On that reasoning, the survey report furnished no basis to reject the earlier-year accounts, and the rejection was said to be improper and illegal. en-us Tue, 07 Sep 1971 00:00:00 +0530 Thu, 09 May 2013 11:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150128 A survey conducted in a later assessment year cannot, by itself, justify rejection of the assessee's books for an earlier year unless the material found has a clear nexus with that year. The text applies the principle that each assessment year is a self-contained unit and that book rejection must rest on relevant evidence for the year under assessment, not on mere suspicion from later-year transactions. On that reasoning, the survey report furnished no basis to reject the earlier-year accounts, and the rejection was said to be improper and illegal. Case-Laws VAT and Sales Tax Tue, 07 Sep 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150128