The Tribunal held that the Assessing Officer did not point out any defect in the stock statement, purchase and sales, bank statement furnished by the assessee. Therefore the books of account of the assessee could not be rejected until and unless the Assessing Officer point out the specific mistakes. Furthermore, the Commissioner (Appeals) had confirmed the addition of Rs. 10 lakhs on ad hoc basis without pointing out any specific material. Such ad hoc disallowance was not permissible. He had given a contrary finding by accepting the books of account. The Assessing Officer was directed to delete the addition made by him.( AY.2011-12)