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2019 (3) TMI 1814 - AT - Income TaxEstimation of income - Non rejecting of books of accounts - AO applying GP @ 20% on the basis of reply received from KSBCL authorities - HELD THAT:- In turn following the judgment of Hon'ble Karnataka High Court rendered in the case of CIT Vs. Anil Kumar & Co. 2016 (3) TMI 184 - KARNATAKA HIGH COURT we hold that the addition made by the AO by estimating the GP without rejecting books of accounts is not justified and hence, we delete the same.
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