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2006 (9) TMI 171 - PUNJAB AND HARYANA HIGH COURTDifference in the stock inventory figures as well as figures shown in the stock register - Assessing Officer made best judgment assessment, by invoking section 145(1) and accordingly applied the GP rate of 8.5 per cent. as against 6.99 per cent. declared by the assessee – held that action of AO was justified – held that proviso to section 145(1) can be invoked not only where the method employed is not proper but also where the accounts are not correct and complete
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