https://www.taxtmi.com/caselaws?id=186984 Books of account cannot be rejected merely because account registers were temporarily unavailable during survey or because a cash shortage is later explained. The court treated the non-production of the Rokar and Khata as insufficient, since a plausible explanation was given that the part-time munim had taken them for posting entries. It also accepted the explanation for the alleged cash shortage, namely that the amount had been kept at home from the earlier closing balance. As no other material defect in the accounts was established, rejection of the books was held unjustified and relief was granted to the assessee. en-us Fri, 21 Sep 1984 00:00:00 +0530 Thu, 06 Oct 2016 10:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186984 Books of account cannot be rejected merely because account registers were temporarily unavailable during survey or because a cash shortage is later explained. The court treated the non-production of the Rokar and Khata as insufficient, since a plausible explanation was given that the part-time munim had taken them for posting entries. It also accepted the explanation for the alleged cash shortage, namely that the amount had been kept at home from the earlier closing balance. As no other material defect in the accounts was established, rejection of the books was held unjustified and relief was granted to the assessee. Case-Laws VAT and Sales Tax Fri, 21 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186984