https://www.taxtmi.com/caselaws?id=160156 Where account books were unsupported by classified purchase accounts or other tangible material, the authorities were justified in rejecting the returns and estimating turnover and gross profit with reference to the nature of retail trade, prior accepted figures, and the tax burden on the goods dealt in. The assessee's reliance on New Swastik Flour Mills also failed because that decision had already been reversed by the Supreme Court in Rajasthan Roller Flour Mills Association v. State of Rajasthan, so the precedent could not support the claim. The assessment orders were therefore sustained. en-us Wed, 31 Jan 1996 00:00:00 +0530 Tue, 10 Dec 2013 17:39:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160156 Where account books were unsupported by classified purchase accounts or other tangible material, the authorities were justified in rejecting the returns and estimating turnover and gross profit with reference to the nature of retail trade, prior accepted figures, and the tax burden on the goods dealt in. The assessee's reliance on New Swastik Flour Mills also failed because that decision had already been reversed by the Supreme Court in Rajasthan Roller Flour Mills Association v. State of Rajasthan, so the precedent could not support the claim. The assessment orders were therefore sustained. Case-Laws VAT and Sales Tax Wed, 31 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160156