https://www.taxtmi.com/caselaws?id=19821 The HC upheld the Tribunal's factual finding that the assessee's books could be rejected under section 145(2) and a best-judgment assessment validly made. The court found vouchers, stock records and cash memos were deficient, declared turnover and profits inconsistent with reported income, and concluded those defects, taken together, justified rejection of accounts. On the recorded facts the Tribunal's order raised no question of law warranting reference; its appreciation of material and legal conclusion were sustained. en-us Thu, 02 Dec 1993 00:00:00 +0530 Fri, 17 Oct 2025 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19821 The HC upheld the Tribunal's factual finding that the assessee's books could be rejected under section 145(2) and a best-judgment assessment validly made. The court found vouchers, stock records and cash memos were deficient, declared turnover and profits inconsistent with reported income, and concluded those defects, taken together, justified rejection of accounts. On the recorded facts the Tribunal's order raised no question of law warranting reference; its appreciation of material and legal conclusion were sustained. Case-Laws Income Tax Thu, 02 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19821