2003 (8) TMI 524

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....ssessing authority proposed to reject the books of account and to estimate the turnover on best judgment basis. In reply to the pre-assessment notice, the assessee gave explanation with regard to the purchase bills obtained from the check-post. The assessing authority had accepted the explanation with regard to three bills. He, however, did not accept the explanation with regard to two bills, the total of which came to Rs. 9,610.21. This is with regard to bills 633 dated July 20, 1994 and 53 dated July 13, 1994. The assessing authority had estimated the turnover by making an addition of six times the suppression so found. This was confirmed in appeal, both by the Additional Appellate Assistant Commissioner of Sales Tax as well as by the Sal....

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....d therefore there is no case for interference by this court in this case. We have considered the rival submissions. Admittedly, the only reason for rejecting the books of account and estimating the turnover is the checkpost declarations. As already noted five purchase bills were obtained from the check-post and the assessee had satisfactorily explained three of the said bills. The assessing authority did not accept the explanation with regard to two bills, totalling to Rs. 9,610,21. This court considered an identical question in the judgment dated February 11, 2003Reported at [2008] 11 VST 149 (Ker) [C.O. Varghese v. State of Kerala]. in T.R.C. No. 65 of 2003. The relevant portion reads as follows: "But so far as the addition made ....