https://www.taxtmi.com/highlights?id=32778 Unaccounted purchases - since these purchases too were made outside the books of account and proper accounting or reconciliation could not be made by the assessee, the value of the investment and the estimated profits on the basis of the undisputed rate i.e. 4.5 % GP had to be adopted - HC en-us Mon, 09 Jan 2017 08:27:25 +0530 Mon, 09 Jan 2017 08:27:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32778 Unaccounted purchases - since these purchases too were made outside the books of account and proper accounting or reconciliation could not be made by the assessee, the value of the investment and the estimated profits on the basis of the undisputed rate i.e. 4.5 % GP had to be adopted - HC Highlights Income Tax Mon, 09 Jan 2017 08:27:25 +0530 https://www.taxtmi.com/highlights?id=32778