been sold. Tribunal has thus
held that an unsigned document cannot be made basis of an actual
transaction. Accordingly, no income arose as a result ... such
unsigned document.
As
can be seen from the impugned order of the Tribunal and the order
made by the Assessing Officer, it is clear
hands of the appellant on
the basis of unsigned, uncorroborated and dumped documents found
10
from the premises of M/s Bright Professionals ... appreciating the facts, that on the basis of dump,
uncorroborated and unsigned documents, without having any nexus
to the payment
correct. In the rejoinder filed, the assessee submitted that the
document is unsigned by either party; the document seized from
the premises of the third ... party mentioned in the
said draft. Such an unsigned document cannot be made basis of
presumption that the assessee received cash on sale
aforesaid facts that the High Court held
that once a document was seized in the premises under control of the
assessee, the presumption under ... impounded document in the
case of the assessee was an unsigned document; (iii). that unlike as in
the case before the High Court, the assessee
that the trigger for initiating reassessment
proceedings qua the petitioner is an unsigned agreement executed by certain
parties with M/S Ambit Shelters ... name Ambit Shelters LLP.
12.1 Secondly, this is an unsigned document and given the fact that the
petitioner has taken a categorical stand that
hold that the document had in reality been executed or that any
such transaction as reflected by the document had in reality been
carried ... transferred
any rights in the land as per the said unsigned document or received
any consideration for transfer
Geneva.
8. The CIT(A) failed to consider the fact that the document
purported to be the evidence or the information forming the basis ... that income has escaped assessment, shown to the
appellant was an unsigned document giving some bank account
number and other personal details of the appellant
witnesses or by an authorized officer. This is an
unsigned document and as such it loses its
evidentiary value for want of authentication. In
support
substituting 0.5% was that at the
time of search an unsigned document was found which shows rate of
royalty 0.5%. It is submitted that ... same
documents for the following reasons:
(i) Admittedly documents is signed by only one party which was not
acted upon.
(ii) Another document was found
taxability of the amount on the basis of unsigned seized document
depends on the credibility and taxability of the same in accordance
with ... assessee.
Therefore, after considering all the above facts the unsigned
seized document does not show the true and fair view of actual
money transitions between
