Do loose papers found and seized have any evidentiary value in absence of any cogent, incriminating or positive corroborative material?


Court :
ITAT Indore

Brief :
The above captioned appeal & Cross Appeal for Assessment Year 2009-10 are directed against the orders of Ld. Commissioner of Income Tax(Appeals)-I (in short ‘Ld. CIT], Bhopal dated 24.05.2018 which is arising out of the order u/s 143(3) r.w.s. 147 of the Income Tax Act 1961(In short the ‘Act’) dated 31.12.2016 framed by ACIT-1(1), Bhopal.

Citation :
ITA No.680/Ind/2018

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