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2012 (8) TMI 64 - ITAT, AHMEDABADAddition on account of profit earned from unaccounted sales – Held that:- Central Excise Department conducted enquiry at business premises of assessee and the partner admitted before them, that the assessee had made sales and which remained unrecorded in the books of accounts - On the basis of information received from Excise, the A.O. estimated unrecorded sales and estimated net profit by applying the net profit rate of the recorded sales - CIT (A) has erred in deleting the addition
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