associate - In search conducted at premises of 'KM', an unsigned MoU, reflecting
transaction for purchase of 95 acres of land between assessee ... admitted by 'KM' vide unsigned MoU and,
therefore, he treated difference between these two amounts
Pathik Constructions, Mumbai vs Department Of Income Tax on 13 February, 2015
„ ,
IN THE INCOME
agreed to sell the shares
@Rs.70 per share. Since the MOU was unsigned and stamp papers of
Rs.100 were purchased in April ... against outstanding
amount of the share Allottees. A scanned copy of unsigned MOU has
been made a part of quantum assessment order.
3.8 The assessee
materialize. This was also evident from the fact that the document (MOU) was
unsigned and undated. Nirmal Daftary was also examined on oath ... same. The ld. AR would
emphasize on the document (MOU) being unsigned and undated, so that it represented
merely a proposed agreement, which
Naihati Jute Mills. No names
whatsoever are also mentioned in the said
MOU on the basis of which the Assessing
Officer has made the addition ... agree with the contention of the revenue that
though the MOU is unsigned the same
should form the basis for making additions
Ito 20(2)(3), Mumbai vs Karan R. Shah, Mumbai on 4 October, 2018
IN
only basis for making the said addition is an
Unsigned, Unnotarized, Draft Memorandum of Undertaking -MOU-found from
the laptop of Mr. Ravi Dave ... assessee,
rejecting the contentions raised by the assessee that the unsigned / unnotarized
MOU cannot be riled upon as an enforceable evidence and the figures
During the course of search proceedings, one paper purported to be an MoU between Mrs. Mahgla Chopra and Mr. Jagmohan Singh Arora for assignment ... found in the course of search and that the MoU in itself was unsigned. He also pointed out that moreover in the case
said deposit. The assessee has furnished unsigned copy of
the Memorandum of Understanding(MOU) dated December, 2004.
Since the assessee has not furnished signed copy
give office space on rent, even though the
MOU submitted by the assessee are unsigned, the transactions
declared by the assessee in the previous assessment
