Records may be considered inadequate if:
1. There are missing, lost, or incomplete documents or records and/or the records are not in a form that can be audited by the Department.2. The taxpayer or his designated agent, if applicable, failed or refused to provide records to the Department. 3. The records do not clearly demonstrate receipts or transactions and/or whether those receipts are subject to tax.4. The records do not substantiate the taxable status of purchases and/or show that a business's purchases correlate to business activity.35 Miss. Code. R. § 1-02-105