Rejection of books of accounts on the basis of high consumption of electricity justifiable

Shree Gorakhnath Food (P) Ltd. Vs Commissioner (Allahabad High Court)

Allahabad High Court held that excessive power consumption, prima facie, establishes the intention to suppress the production and the turnover. Accordingly, the books of account can be rejected on the basis of high consumption of electricity.

Facts- The Assessee had established a factory for manufacturing of Flour, Maida and Sooji. The matter relates to A.Y. 2007-08 for the period 01.01.2008 to 31.03.200

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