https://www.taxtmi.com/caselaws?id=154831 Rejection of books of account was held unsustainable where the assessment was based only on non-cooperation during survey, alleged stock shortage, and refusal to open the cash box for counting. The Court found that these circumstances, whether taken separately or together, did not by themselves establish that the accounts were unreliable or incorrect. Best judgment assessment could not be upheld on such grounds alone, and the revision succeeded in favour of the assessee. en-us Tue, 11 Feb 1986 00:00:00 +0530 Tue, 27 Aug 2013 16:32:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154831 Rejection of books of account was held unsustainable where the assessment was based only on non-cooperation during survey, alleged stock shortage, and refusal to open the cash box for counting. The Court found that these circumstances, whether taken separately or together, did not by themselves establish that the accounts were unreliable or incorrect. Best judgment assessment could not be upheld on such grounds alone, and the revision succeeded in favour of the assessee. Case-Laws VAT and Sales Tax Tue, 11 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154831