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145(3) of the Act. It was the claim of the assessee that as it had maintained regular books of account which were subjected to audit; all its purchases and sales along with the quantitative details were available for verification; requisite records prescribed under the excise rules as per the mandate of law were being maintained, and no discrepancy in its records had been pointed out, therefore, its books of account could not be rejected solely for the reason that despite decrease in its turnover the expenses had more or less remained static. Also the assessee objected to adoption of yield of CCM division at 89% as against 85% that was shown during the year under consideration for the standalone reason that the said rate of yield was adopted while framing of the block assessment in its case by the then A.O.