https://www.taxtmi.com/caselaws?id=7421 The Tribunal could not reject the pepper estate books merely by comparing the disclosed yield with an earlier year's best judgment estimate, because a prior estimated yield is not a safe benchmark and pepper output may vary materially from year to year. The assessee's failure to separately show small receipts from paddy and miscellaneous produce was also insufficient, where the rubber accounts were accepted and there was no omission, accounting defect, irregularity, or positive evidence of suppression. The reference was answered in favour of the assessee, and rejection of the pepper accounts was held unjustified. en-us Fri, 13 Sep 1968 00:00:00 +0530 Thu, 19 Feb 2009 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7421 The Tribunal could not reject the pepper estate books merely by comparing the disclosed yield with an earlier year's best judgment estimate, because a prior estimated yield is not a safe benchmark and pepper output may vary materially from year to year. The assessee's failure to separately show small receipts from paddy and miscellaneous produce was also insufficient, where the rubber accounts were accepted and there was no omission, accounting defect, irregularity, or positive evidence of suppression. The reference was answered in favour of the assessee, and rejection of the pepper accounts was held unjustified. Case-Laws Income Tax Fri, 13 Sep 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7421