Assessing Officer estimated net profit at rate of 8 per cent since assessee could not produce his books of account during course of assessment proceedings and accordingly added differential amount to total income of assessee. CIT (A) confirmed the addition. On appeal the Tribunal held that Chartered Accountant who audited books of account did not give any adverse findings regarding books of account maintained by assessee,  therefore, addition made on account of estimation of net profit was not justified and had to be deleted. (AY. 2014-15)