https://www.taxtmi.com/caselaws?id=174255 Non-maintenance of the manufacturing account under section 12(2) of the U.P. Sales Tax Act is a material defect, because it prevents effective verification of production and turnover and justifies rejection of the books of account. Once the books are rejected, the disclosed turnover is not automatically binding on the assessing authority. The authority must then make a best judgment assessment on the basis of relevant facts, surrounding circumstances and objective appraisal of the available material, rather than accept the return as correct merely because no separate adverse evidence is found. en-us Tue, 08 Aug 1989 00:00:00 +0530 Mon, 05 Oct 2015 13:04:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174255 Non-maintenance of the manufacturing account under section 12(2) of the U.P. Sales Tax Act is a material defect, because it prevents effective verification of production and turnover and justifies rejection of the books of account. Once the books are rejected, the disclosed turnover is not automatically binding on the assessing authority. The authority must then make a best judgment assessment on the basis of relevant facts, surrounding circumstances and objective appraisal of the available material, rather than accept the return as correct merely because no separate adverse evidence is found. Case-Laws VAT and Sales Tax Tue, 08 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174255