The only effective issue raised by the Revenue is that whether the learned CIT(A) was justified in reducing the profit element to 8 per cent as against 12.5 per cent on alleged bogus purchases made by the learned AO in the facts and circumstances of the case. We find that learned CIT(A) had taken a shelter of the Co-ordinate Bench decision of this Tribunal in the case of Dhada Jems Ltd. vs. ITO (IT Appeal Nos. 7310 to 7314, dt. 19th May, 2017), wherein this Tribunal had applied the percentage of 8 per cent of purchases amount in respect of assessee engaged in the similar type of industry. Against the said order of learned CIT(A), learned Departmental Representative informed that no appeal has been preferred by the assessee before this Tribunal.