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2017 (1) TMI 1566 - ITAT JAIPURTrading addition - rejection of books of accounts on account of unverified purchases and estimation of appropriate gross profit rate - Held that:- Anuj Kumar Varshney & Others vs. ITO (2015 (4) TMI 533 - ITAT JAIPUR) has held that 15% of unverifiable purchases shall be held to be income of the assessee from undisclosed sources in the relevant years. Set aside the issue raised in such appeals, to the file of the AO to decide the same afresh after the judgement.
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