Court Upholds Rejection of Assessee's Books for Poor Stock Records, Citing Section 145(3) to Prevent Revenue Loss.

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....Rejection of books of accounts - the assessee is not maintaining the proper books of account with regard to stock - to plug the leakage of revenue, certain disallowance is inevitable - the lower authorities are justified in rejecting the books of account of the assessee by invoking the provisions of Section 145(3) - AT....