Held that the Assessing Officer has specified any irregularity in the books of account which were duly audited, there was no justification for rejection of books of account on the ground of non production of complete muster rolls. Addition of estimation of profit at 11.5% of net profit is directed to be deleted. (AY. 2014-15)
Pooranchand Agarwal v. Dy.CIT (2021) 206 DTR 27 / (2022) 216 TTJ 507 (Raipur)(Trib.)
S. 145 : Method of accounting-Rejection-Non production of complete muster rolls-Books of accounts audited-Estimation of profit at 11.5 % is directed to be deleted.