https://www.taxtmi.com/caselaws?id=161493 Taxable turnover could not be enhanced merely because manufacturing accounts were not maintained when the books of account and stock register were accepted and no material stock discrepancy was proved. The tribunal had found as fact that the assessee's explanation on job work was acceptable and that the stock position in the registers was reliable. In that setting, rejection of the accounts or enhancement of turnover on the sole ground of absent manufacturing accounts lacked a legal and factual basis, and the disclosed turnover had to be accepted. en-us Fri, 26 Jul 2002 00:00:00 +0530 Wed, 29 Jan 2014 18:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161493 Taxable turnover could not be enhanced merely because manufacturing accounts were not maintained when the books of account and stock register were accepted and no material stock discrepancy was proved. The tribunal had found as fact that the assessee's explanation on job work was acceptable and that the stock position in the registers was reliable. In that setting, rejection of the accounts or enhancement of turnover on the sole ground of absent manufacturing accounts lacked a legal and factual basis, and the disclosed turnover had to be accepted. Case-Laws VAT and Sales Tax Fri, 26 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161493