1977 (3) TMI 79

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.... his accounts maintained by him filed return reflecting his G.T.O. at Rs. 87,462-57 and deposited admitted tax amounting to Rs. 2,957-96. The learned assessing officer after scrutiny of accounts, recorded the following findings:- (a) The turnover returned was less than that of the previous year and no suitable explanation has been found out for the downward trend of the business. (b) Past record....

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....ses from the middlemen also their names are not noted. Hence the purchases are not verifiable. This has afforded scope for rejection of books of accounts. I therefore, came to the conclusion that the accounts of the appellant have been rightly rejected by the assessing officer. The enhancement of gross turnover by Rs. 10,000 does not appear high in view of the purchase transactions and scope for e....

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..... He lastly urged that the estimate of escaped purchases is high arbitrary and it should be reduced. 4. The learned Addl. State Representative on the other hand contended that, it is true that it is a partnership concern. But the fact remains that the purchases are not vouched. When there is scope for purchase suppression, the appellant must not have maintained those things in his sales register.....

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....tock register, the Department could have verified the stocks with reference to sales register and found out purchase suppression in the course of any day. But that has not been done and the accounts have been thrown, because of the fact that, purchases are not supported by purchase vouchers. The appellate court has remarked that, in case of purchases from Shandies from Adivasis, purchase vouchers ....