course of assessment proceedings, the assessee was
confronted with the impounded documents and explanation was
sought. The assessee was specifically asked to explain ... also no installation PE in
India.
16. After examining the documents impounded during survey
proceedings, considering them in the light of the statements
business
premises of the Assessee-Company and its Director. The seized/impounded
documents in the group were received by the A.O. on 29.08.2013. These ... date of initiation of search. Since the books of
account/impounded documents have been received by the A.O. on
9
ACIT Vs. Mapsa Tapes
business
premises of the Assessee-Company and its Director. The
seized/impounded documents in the group were received
by the A.O. on 29.08.2013. These ... date of initiation of search.
Since the books of account/impounded documents have
been received by the A.O. on 29.08.2013, therefore
from the
premise D-22, Defence Colony, New Delhi. The said
impounded document contains details of payment received by
M/s. Meter & Instruments ... Meter & Instruments
Pvt. Ltd. on the basis of the impounded documents found
during the course of survey from the possession of the
director
made the addition on the strength of
independent analysis of the documents to arrive at the conclusion
that the appellant has failed to prove genuineness ... Investigation Wing
has conducted detailed enquiries, made analysis of the seized /
impounded documents and made analysis of beneficiaries. The
report prepared contains details of complete
search and
seizure operation carried out on 18.11.2015 and from the
documents impounded/seized & from the submissions of Pradeep
Kumar Jindal and dummy Directors ... found and
impound during the survey operation on 25.05.2016.
The documents/digital data seized impounded during
search/survey action and the admission of Sh. Pradeep
search was
conducted on Krrish Group of cases on 09.11.2011.
The impounded documents have been received by
the A.O. on 29.08.2013. The satisfaction under ... light of
above decisions, it is clear that the impounded documents
have been received by A.O. on 29.01.2014 when satisfaction
Undisclosed Investment
17. During the survey operation, the revenue impounded
document No. 78 wherein the following entries could be read ... Hence, in tune with the accounting procedure
and as per the impounded document, the interest @3% per
annum stands accrued to the assessee
against
Rs. 7,02,030/- balance appearing the documents impounded during the course
of survey and accordingly, the AO made the addition ... view that the cash balance appearing in the
document impounded during the course of survey and accordingly, AO made
the addition
Vedanta Ltd , Gurgaon vs Acit, Circle- 26(2), New Delhi on 21 September, 2020
IN
