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2017 (4) TMI 174 - AT - Income TaxRejecting the books of accounts - estimating the profits at 15% of turnover - Held that:- As the issue under consideration is materially identical to that of AYs 2000-01 to 2006-07 and 2008-09 to 2010-11 in assessee’s own cases, respectfully following the decision of coordinate bench in those years, we confirm the order of the CIT(A) in directing the AO to estimate income of the assessee @ 8% of the sales.
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