Books of accounts rejected u/s 145(3) due to unverified purchases and expenses; income estimation required.

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....Rejection of books of accounts - rejection of books of account by invoking the provisions of section 145(3) - the AO has categorically noted in the assessment order found many glaring discrepancies and defects in the books of account of the assessee as well as conduct of the assessee during assessment proceedings, thus the assessee’s purchase and expenditures shown were not verifiable from books of account and same should be rejected and income has to be estimated. - AT....