Held that the Tribunal restored the order of the Assessing Officer and deleted the reduction of the gross profit rate from eight per cent. to two per cent. because there was no challenge on the part of the assessee in respect of the finding that the transactions shown in the seized document related to it, and that no valid reason was shown for reduction in the rate of profit which was normally applicable. Order of Tribunal affirmed.   (AY. 1994-95, 1995-96)