https://www.taxtmi.com/caselaws?id=284042 Account books cannot be rejected merely because they were not produced during survey; there must be material showing suppression, defect, withheld records, or unreliability. Here, the assessee had maintained and produced books at assessment, and no unrecorded transactions or suppression were found. The Tribunal's reliance on the presence of family members and an alleged stock discrepancy lacked legal evidence, especially as the survey stock was not objectively counted and the stock register could still have been correct. On these facts, rejection of accounts and best judgment assessment were not sustainable, and the Tribunal's finding was set aside in favour of the assessee. en-us Mon, 18 Jul 1988 00:00:00 +0530 Thu, 24 Oct 2019 14:39:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284042 Account books cannot be rejected merely because they were not produced during survey; there must be material showing suppression, defect, withheld records, or unreliability. Here, the assessee had maintained and produced books at assessment, and no unrecorded transactions or suppression were found. The Tribunal's reliance on the presence of family members and an alleged stock discrepancy lacked legal evidence, especially as the survey stock was not objectively counted and the stock register could still have been correct. On these facts, rejection of accounts and best judgment assessment were not sustainable, and the Tribunal's finding was set aside in favour of the assessee. Case-Laws VAT and Sales Tax Mon, 18 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284042