In the result, assessee`s appeal for both the assessment years, that is,
Bench: Shri Pawan Singh, Hon'Ble & Dr. A. L. Saini, Hon'Ble(Physical Hearing) Sl.
68,18,795/- i.e. 5.81% for the year under consideration against gross profit of Rs.8,16,75,381/- on total turnover of Rs.1,45,39,33,687/- i.e. 5.62% for the immediate preceding year to the year under consideration. In view of the aforesaid facts, material and evidence existing on records, the assessing officer was of the opinion that