2013 (7) TMI 557

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....rd Sri Nishant Mishra, learned counsel for the assessee revisionist. Sri U.K. Pandey, appears for the department. The two revisions relate to the assessment year 95-96 both under U.P. Trade Tax Act and Central Sales Tax Act. The assessing authority rejected the account books and determined the taxable turnover to the best of its judgment. In appeal preferred by the assessee, the taxable turnover....

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....ntry in the account books. The aforesaid argument has no substance for the reason that once the account books have been rejected on account of the fact that the aforesaid transactions were left out from being recorded therein, the turnover disclosed therein cannot be made the basis for assessment. Thus, the assessment made by the assessing authority to the best of its judgment ignoring the books....