https://www.taxtmi.com/caselaws?id=159052 Rejection of accounts based only on a solitary, small suppression detected in a single surprise inspection was held unsustainable, because the factual foundation for discarding the books was wholly insufficient. Payment of compounding fee did not cure that defect or justify estimation of turnover. The resulting estimated assessment was therefore vitiated by jurisdictional error. The orders of the authorities below were set aside, and assessment was directed to proceed on the turnover shown by the assessee. en-us Mon, 30 Sep 1996 00:00:00 +0530 Wed, 13 Nov 2013 18:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159052 Rejection of accounts based only on a solitary, small suppression detected in a single surprise inspection was held unsustainable, because the factual foundation for discarding the books was wholly insufficient. Payment of compounding fee did not cure that defect or justify estimation of turnover. The resulting estimated assessment was therefore vitiated by jurisdictional error. The orders of the authorities below were set aside, and assessment was directed to proceed on the turnover shown by the assessee. Case-Laws VAT and Sales Tax Mon, 30 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159052