TMI BlogEstimation of income - Undisclosed bank transactions - assessee himself has offered profit of 0.30%...Estimation of income - Undisclosed bank transactions - assessee himself has offered profit of 0.30% before the AO which was rejected by him who estimated such income at 3%. - Adoption of 0.5% as net profit on such undisclosed transactions outside the books will meet the ends of justice. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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