https://www.taxtmi.com/caselaws?id=154074 A dealer selling to both consumers and other dealers fell within the definition of a wholesale dealer under the Tamil Nadu General Sales Tax Rules, 1959, and was required to maintain separate stock accounts. The stock account was treated as a necessary corroborative record for verifying the correctness of the books; without it, quantitative verification of stocks was not possible. On that basis, the assessing authority could reject the accounts and proceed to best judgment assessment, including an addition for possible suppression. The Tribunal's reduction of the addition on facts was left undisturbed. en-us Thu, 04 Aug 1983 00:00:00 +0530 Tue, 06 Aug 2013 16:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154074 A dealer selling to both consumers and other dealers fell within the definition of a wholesale dealer under the Tamil Nadu General Sales Tax Rules, 1959, and was required to maintain separate stock accounts. The stock account was treated as a necessary corroborative record for verifying the correctness of the books; without it, quantitative verification of stocks was not possible. On that basis, the assessing authority could reject the accounts and proceed to best judgment assessment, including an addition for possible suppression. The Tribunal's reduction of the addition on facts was left undisturbed. Case-Laws VAT and Sales Tax Thu, 04 Aug 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154074