https://www.taxtmi.com/caselaws?id=798149 Turnover enhancement and rejection of books of account require established, quantified suppression supported by specific adverse material; unverified invoices alone do not justify enhancement where other transaction records have been verified and no suppression is detected. Input tax credit cannot be reversed merely because suppliers' registrations are cancelled after the transactions, if the suppliers were registered on the transaction dates and banking records and contemporaneous documents establish purchase and physical movement of goods. On these principles, the tax determination based on turnover enhancement and input tax credit reversal lacked legal sustainability. en-us Tue, 25 Aug 2026 00:00:00 +0530 Thu, 03 Sep 2026 08:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798149 Turnover enhancement and rejection of books of account require established, quantified suppression supported by specific adverse material; unverified invoices alone do not justify enhancement where other transaction records have been verified and no suppression is detected. Input tax credit cannot be reversed merely because suppliers' registrations are cancelled after the transactions, if the suppliers were registered on the transaction dates and banking records and contemporaneous documents establish purchase and physical movement of goods. On these principles, the tax determination based on turnover enhancement and input tax credit reversal lacked legal sustainability. Case-Laws VAT / Sales Tax Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798149