1996 (9) TMI 515

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....J. R.C. Verma and R.B. Misra, for the appellant.   S.S. Khandula, for the respondent.   --------------------------------------------------   The judgment of the Court was delivered by   K.S. PARIPOORNAN, J.-The Commissioner of Sales Tax, Uttar Pradesh, Lucknow, has filed this appeal after obtaining special leave by order of this Court (order dated December 10, 19....

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....ng "technical" in nature, the turnover disclosed in the account books should be accepted, and there was no need to determine the turnover afresh. Aggrieved by the aforesaid decision the Revenue has come up in appeal. 2.. We heard counsel. Admittedly, the shop of the assessee was inspected on February 22, 1975. Cash amounting to Rs. 3,000 and certain slips were found. There was also variance in ....

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....tock register, especially in the case of a manufacturer, is of great importance. It is a means of verifying the assessee's accounts by having a quantitative tally. Section 12(2) of the Act mandates the dealer to maintain stock books in respect of raw materials as well as products obtained at every stage of production. If such a stock book is not maintained, it leads to the conclusion that the acco....