Supreme Court dismisses tax authority's claim that missing book entries prove tax ledger unreliability.

The Supreme Court dismissed the taxpayer's appeal against a tax authority decision that revoked tax exemptions due to alleged ledger unreliability. The authority argued that missing entries for specific expenses proved the books were not reliable, but the taxpayer contended these omissions resulted from administrative errors and lack of intent to evade taxes. The court ruled that missing entries do not automatically constitute unreliability and emphasized that tax authorities must consider the taxpayer's explanations and cannot presume bad faith without evidence.