Held that the income estimated by the Assessing Officer was almost 95.87 per cent. which had been partly deleted by the Commissioner (Appeals). The finding that there was suppression of sales was not supported by any credible evidence and only estimation had been made about the excess wastage claimed by the assessee. The assessee gave complete production details of the manufacturing of bricks before the Assessing Officer. Looking to the consistency of the business carried out by the assessee in the past and the financial statements being audited and accepted by the Revenue authorities, in order to bring an end to the controversy a net profit of eight per cent. was to be computed on the gross turnover of MB shown at Rs. 18,98,680 and after deducting the profit offered by the assessee, the remaining amount was the income confirmed in the hands of the assessee.(AY.2010-11)