Supreme Court quashed tax loss due to human error in accounting books, ruling it not to be dishonesty.

The Supreme Court quashed the Supreme Administrative Court's decision and tax authority rulings that revoked the taxpayer's tax exemption. The taxpayer argued that a clerical error in recording a purchase amount did not constitute dishonesty, while the tax authorities contended that any discrepancy invalidated the exemption. The court held that human error in accounting does not equate to dishonesty and that tax authorities must consider subjective justifications before imposing liability.