https://www.taxtmi.com/caselaws?id=272532 Account books may be rejected where statutory maintenance requirements are not met and the records contain material defects, such as missing production registers, absent vouchers and unexplained return discrepancies; the rejection of the books was upheld. A best-judgment turnover estimate, however, must still rest on material on record and cannot be a pure guess. Because the record did not support the finding that the brick kiln operated during the disputed second seasons, and the turnover for those periods had not been separately worked out, the turnover determination was set aside and the matter remanded for fresh decision. en-us Mon, 30 Nov 1987 00:00:00 +0530 Mon, 07 May 2018 16:31:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272532 Account books may be rejected where statutory maintenance requirements are not met and the records contain material defects, such as missing production registers, absent vouchers and unexplained return discrepancies; the rejection of the books was upheld. A best-judgment turnover estimate, however, must still rest on material on record and cannot be a pure guess. Because the record did not support the finding that the brick kiln operated during the disputed second seasons, and the turnover for those periods had not been separately worked out, the turnover determination was set aside and the matter remanded for fresh decision. Case-Laws VAT and Sales Tax Mon, 30 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272532