https://www.taxtmi.com/caselaws?id=150828 Books of account kept in the ordinary course of business and supported by verifiable entries could not be rejected merely because the assessee did not maintain the stock or manufacturing account contemplated by Rule 72(2) of the U.P. Sales Tax Rules. The assessee's karigar and job-card registers showed daily production, and no defect was pointed out in those records. Rule 72 does not prescribe a compulsory system of accounting or make non-compliance with that rule, by itself, a ground to discard otherwise reliable books. The stated principle is that absence of the specified stock register alone does not justify rejection of accounts that remain verifiable. en-us Fri, 25 Apr 1975 00:00:00 +0530 Thu, 23 May 2013 12:16:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150828 Books of account kept in the ordinary course of business and supported by verifiable entries could not be rejected merely because the assessee did not maintain the stock or manufacturing account contemplated by Rule 72(2) of the U.P. Sales Tax Rules. The assessee's karigar and job-card registers showed daily production, and no defect was pointed out in those records. Rule 72 does not prescribe a compulsory system of accounting or make non-compliance with that rule, by itself, a ground to discard otherwise reliable books. The stated principle is that absence of the specified stock register alone does not justify rejection of accounts that remain verifiable. Case-Laws VAT and Sales Tax Fri, 25 Apr 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150828