The Tribunal held that the Assessing Officer had also not considered the opening cash and bank balances as on April 1, 2010 and only the profits declared were considered as inflow in the cash flow prepared by him. The cash flow statement prepared by the Assessing Officer was based on assumption and was to be rejected. Moreover, in the cash flow statement, the Assessing Officer had added household expenses to the tune of Rs. 1,50,000. The estimation made by the Assessing Officer for household expenses was totally arbitrary and without any supporting evidence especially when in the hands of the assessee’s husband a sum of Rs. 2,50,000 was estimated as household expenses.( AY.2011-12)