https://www.taxtmi.com/caselaws?id=7699 Regularly maintained accounts cannot be rejected merely because electricity consumption varies; the department must show by strong and sufficient reasons that the accounts are unreliable, incorrect or incomplete. Rejection of accounts and best judgment assessment are distinct steps, and a variation in power use alone is not a safe basis for disbelieving the books where it may be explained by machine efficiency, product quality, moisture content or power fluctuations. On the stated facts, the rejection of accounts was not legally justified and an assessment based solely on electricity consumption could not be sustained in favour of the assessee. en-us Thu, 06 Nov 1969 00:00:00 +0530 Sat, 14 Jan 2012 13:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7699 Regularly maintained accounts cannot be rejected merely because electricity consumption varies; the department must show by strong and sufficient reasons that the accounts are unreliable, incorrect or incomplete. Rejection of accounts and best judgment assessment are distinct steps, and a variation in power use alone is not a safe basis for disbelieving the books where it may be explained by machine efficiency, product quality, moisture content or power fluctuations. On the stated facts, the rejection of accounts was not legally justified and an assessment based solely on electricity consumption could not be sustained in favour of the assessee. Case-Laws VAT and Sales Tax Thu, 06 Nov 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7699