Assessing Officer wrongly estimated turnover using Excise data; only net profit from suppressed sales should be taxed u/s 145(3).

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....Estimation of income - the AO was not justified in estimating the turnover on the basis of information received from the Excise Department by rejecting books of accounts u/s 145(3) of the Act, 1961 and taxing entire suppressed sale as income, but only the net profit part could have been taxed as income.....