Court Adjusts Profit Rate to 0.5% in Undisclosed Bank Transaction Dispute After AO's 3% Estimate Rejected.

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....Estimation of income - Undisclosed bank transactions - assessee himself has offered profit of 0.30% before the AO which was rejected by him who estimated such income at 3%. - Adoption of 0.5% as net profit on such undisclosed transactions outside the books will meet the ends of justice.....