https://www.taxtmi.com/caselaws?id=155608 Where a business purchases raw material and gets goods manufactured through contractors, a separate manufacturing account is not necessarily required. Account books that were accepted in preceding and succeeding assessment years, and in which no specific defect was shown, cannot be rejected merely because no manufacturing account was maintained. On that reasoning, rejection of the books on this ground was unsustainable, and the assessee succeeded. The broader principle stated is that book rejection must rest on demonstrable unreliability, not on the absence of an account not suited to the nature of the business. en-us Thu, 02 Feb 1989 00:00:00 +0530 Thu, 05 Sep 2013 17:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155608 Where a business purchases raw material and gets goods manufactured through contractors, a separate manufacturing account is not necessarily required. Account books that were accepted in preceding and succeeding assessment years, and in which no specific defect was shown, cannot be rejected merely because no manufacturing account was maintained. On that reasoning, rejection of the books on this ground was unsustainable, and the assessee succeeded. The broader principle stated is that book rejection must rest on demonstrable unreliability, not on the absence of an account not suited to the nature of the business. Case-Laws VAT and Sales Tax Thu, 02 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155608