Tribunal held that entire sales could not be added as income of assessee but addition could be made only to the extent of estimated profits embedded in sales for which net profit rate was adopted—There is no finding or material about suppression of investment in acquiring the goods which are subject of undisclosed sales—No referable question of law arises

PRESIDENT INDUSTRIES (2002) 124 TAXMAN 0654 (1999) 67 CCH 0259 GujHC