A huge amount of money was found to be deposited in bank account of assessee.  Assessing Officer made addition under section 68 on account of such amount of money.  Tribunal held  that along with deposits made by assessee there were simultaneous withdrawals from its bank account leaving behind a negligible balance and such deposits and withdrawals from bank represented trading activities of assessee  Thus, assessee had discharged her burden by furnishing details that transactions reflected in bank statements were in connection with its business.  Further, revenue had not brought anything on record suggesting that assessee had so much of income as computed by Assessing Officer.  As such, deposits in bank could not be treated as income on standalone basis without considering consequent withdrawals.  Tribunal estimated income at rate of 2 per cent of amount deposited with bank. High Court up held the order of Tribunal. Followed ITA No. 196 of 2020 dt. 5-10-2020. (2021) 430 ITR 253(Guj) (HC). (AY. 2003-04)