We have gone through the documentary evidences placed before us in the paper book. We also take note of the judicial precedent of the Hon’ble Jurisdictional High Court of Bombay in the case of PCIT vs Mohammed Haji Adam and Co. [2019] 103 taxmann.com 459 (Bom) which has a relevance in the present set of facts. It is undisputed fact that out of the three parties, for party at (a), addition has already been made at the rate of 3% as stated above. Accordingly, similar addition in the case of other two parties by adopting rate at 3% is justified. We thus direct the ld. Assessing Officer to recompute the addition accordingly for the remaining two parties. In the result, assessee gets a partial relief.

7. In the result, the appeal of assessee is partly allowed.