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2017 (6) TMI 230 - AT - Income TaxAddition on account of profit @ 10.11% on alleged non-genuine purchases - Held that:- Assessee has demonstrated sale of the purchases so alleged by the AO as bogus. Keeping in view the nature of assessee’s business vis-à-vis over all facts and circumstances of the case, addition of 5% of such purchases will serve the end of justice.
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