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2020 (10) TMI 95 - HC - Income TaxEstimation of income - bogus purchases to the extent of 5% - information received from the Maharashtra Sales Tax Department that the assessee had made bogus purchases - reopening of assessment - HELD THAT:- If the Appellate Tribunal in the overall facts of the case and having regard to the materials on record thought fit to make ad hoc addition at the rate of 5% of such purchases, then, the Tribunal could not be said to have committed any serious error warranting any interference in this appeal. No substantial question of law.
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