https://www.taxtmi.com/caselaws?id=161277 Rejection of a hotel assessee's accounts was held unjustified where the alleged discrepancies between rice purchases and cooked-food turnover, the absence of a stock register, and missing vouchers for pappadam purchases did not by themselves prove suppression. The Court held that practical accounting limits in hotel business, especially with perishable goods, meant such variations could not alone justify best judgment enhancement. Separate charges for dining in an A/C room were not part of the price of goods sold and were excluded from turnover. Water used for cooking and washing in hotel operations was not treated as raw material consumed in manufacture under section 5A of the Kerala General Sales Tax Act, 1963. Assessment had to proceed on the returns filed. en-us Wed, 22 Aug 2001 00:00:00 +0530 Mon, 13 Jan 2014 16:07:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161277 Rejection of a hotel assessee's accounts was held unjustified where the alleged discrepancies between rice purchases and cooked-food turnover, the absence of a stock register, and missing vouchers for pappadam purchases did not by themselves prove suppression. The Court held that practical accounting limits in hotel business, especially with perishable goods, meant such variations could not alone justify best judgment enhancement. Separate charges for dining in an A/C room were not part of the price of goods sold and were excluded from turnover. Water used for cooking and washing in hotel operations was not treated as raw material consumed in manufacture under section 5A of the Kerala General Sales Tax Act, 1963. Assessment had to proceed on the returns filed. Case-Laws VAT and Sales Tax Wed, 22 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161277