Books of account couldn't be rejected merely because there was marginal fall in gross profit rate

INCOME TAX: Where pursuant to survey proceedings, AO made addition to assessee's income on basis of estimated gross profit on sales, in view of fact that AO had rejected assessee's books of account without giving any specific details and, moreover, there was decline of only 1.04 per cent in rate of gross profit in relevant year for which assessee had given detailed explanation, impugned addition was to be deleted

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