Held that  the appellate authority had taken a realistic view and determined the net profit at 4 per cent. on the gross turnover of the assessee. The Commissioner (Appeals) properly clarified that the assessee was unable to explain the reasons for non-submission of the books of account before the assessing authority. Without proper books of account, the appellate authority had determined the net profit at 4 per cent. The assessee maintained the consistency for utilising this interest earned and interest paid in the profit and loss account. There was a nexus between the interest earned and the interest paid in relation to the assessee’s business. Considering the factual matrix, the interest paid should be adjusted against interest received which would not be separately assessable.(AY.2015-16, 2017-18)