https://www.taxtmi.com/caselaws?id=159287 Rejection of books of account and estimation of turnover based on stock discrepancies were examined under revision under the Kerala General Sales Tax Act, 1963. The authorities had already considered the surprise inspection findings, the difference between declared turnover and running stock, the absence of any established suppression pattern, and the nature of jewellery , and had moderated the estimate in favour of the assessee. In these circumstances, further interference with the estimation was found unwarranted, and no additional reduction in turnover was justified. en-us Thu, 26 Sep 1996 00:00:00 +0530 Tue, 19 Nov 2013 17:25:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159287 Rejection of books of account and estimation of turnover based on stock discrepancies were examined under revision under the Kerala General Sales Tax Act, 1963. The authorities had already considered the surprise inspection findings, the difference between declared turnover and running stock, the absence of any established suppression pattern, and the nature of jewellery , and had moderated the estimate in favour of the assessee. In these circumstances, further interference with the estimation was found unwarranted, and no additional reduction in turnover was justified. Case-Laws VAT and Sales Tax Thu, 26 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159287