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2014 (9) TMI 1153 - AT - Income TaxAdditions made to trading profit - rejection of books of account - Held that:- gross profit rate declared by the assessee for the year under consideration was at 13.61% in comparison to the gross profit rate in the immediately preceding year at 13.32% - thus the GP rate for the year under consideration was better in comparison to the immediately preceding year - hence the trading addition sustained by the Ld. CIT(A) on account of gross profit rate was not justified, accordingly, the same is deleted - Decided in favor of assessee.
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