https://www.taxtmi.com/caselaws?id=275977 The High Court treated the duty to issue cash memos and credit memos under Section 8-A(3) as independent from the general obligation to keep true and correct accounts under Section 12. It held that the later insertion of Section 8-A(4) did not assist the assessee for the relevant assessment year. The omission to issue the prescribed documents could properly be considered by sales tax authorities in assessing the reliability of the books, and the accounts could be rejected where the business was substantial and no contrary trade practice was shown. en-us Mon, 12 Feb 1979 00:00:00 +0530 Wed, 24 Oct 2018 16:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275977 The High Court treated the duty to issue cash memos and credit memos under Section 8-A(3) as independent from the general obligation to keep true and correct accounts under Section 12. It held that the later insertion of Section 8-A(4) did not assist the assessee for the relevant assessment year. The omission to issue the prescribed documents could properly be considered by sales tax authorities in assessing the reliability of the books, and the accounts could be rejected where the business was substantial and no contrary trade practice was shown. Case-Laws VAT and Sales Tax Mon, 12 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275977