MELTON INDIA vs COMMNR. TRADE TAX, U.P.

The Supreme Court upheld the rejection of the appellant's books of account under the U.P. Trade Tax Act, specifically Section 4-A, due to discrepancies between electricity consumption and reported production. The Court found that the Tribunal's inference of suppressed production was reasonable given the significant increase in electricity usage without a corresponding rise in output. The appellant's explanation regarding the switch to a different product requiring more electricity was not accepted, leading to the affirmation of the Tribunal's decision to enhance the turnover assessment.