https://www.taxtmi.com/caselaws?id=154657 Books of account may be rejected where the assessee's refusal to allow verification of cash in the till during survey gives rise to a credible doubt about the correctness of the cash balance reflected in the accounts. On that basis, the High Court treated rejection of the books as justified. The assessee's challenge to the turnover determination also failed because no material was produced to show that the turnover was excessive or arbitrary. The finding therefore favoured the Revenue on both the rejection of books and the related turnover issue. en-us Thu, 31 Jul 1986 00:00:00 +0530 Mon, 26 Aug 2013 12:08:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154657 Books of account may be rejected where the assessee's refusal to allow verification of cash in the till during survey gives rise to a credible doubt about the correctness of the cash balance reflected in the accounts. On that basis, the High Court treated rejection of the books as justified. The assessee's challenge to the turnover determination also failed because no material was produced to show that the turnover was excessive or arbitrary. The finding therefore favoured the Revenue on both the rejection of books and the related turnover issue. Case-Laws VAT and Sales Tax Thu, 31 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154657