ledger,
contract note etc. . Against this, the assessee submitted some unsigned
statement from M/s MF Global Sify Securities India Pvt. Ltd. whereby the
total ... respectively. As per unsigned statement of MF Global Sify Securities India P.
Ltd filed by the assessee, it was observed by the AO that there
impugned assessment year. The assessee in response submitted their
unsigned scanned copies of financial statements with respect to Motivate
Financial Services ... person controlled all these three new shareholders. The assessee
did filed unsigned financial statements of M/s Motivate Financial Services
Pvt. Ltd and Tej Corporate
over longer period of time.He further argued that Fund Flow
Statement was unsigned loose paper and hence could not be considered as evidence,that
purchase
bills from these parties along with delivery challan, bank statement and
unsigned copy of their ledger accounts. It also submitted the statements
of relevant
statement during the course of
search and seizure and survey operations and also
warns the Assessing Officer not to attempt to obtain
any confessional statement ... acres at Rs. 3,62,18,000/.
The third party statement and unsigned agreement
cannot be acted upon
those financial statements were not audited
and were not signed by the Chartered Accountant. Hence, the AO has
presumed that those statements are not reliable ... record. We
notice that the AO has observed that the financial statements were
unsigned and undated and accordingly, he has refused to consider
them. However
advertising agencies located in Ukraine. During the course of search, original
unsigned invoices of foreign companies raised in the name of the assessee
towards advertisement ... invoices were unsigned and further they
did not contain any supporting documents to prove the advertisements. The
investigation officials had recorded a statement from
proprietors of aforementioned hawala dealers have admitted in the
statement recorded under oath before Sales Tax Department that they have
only issued bogus bills/accommodation ... However, the assessee submitted unsigned / unstamped bank statement
wherein payments were made through bank to these parties, which was also
considered not reliable
appellant cannot be accepted.
3.6 Coming to the partners deficit statement, as the name suggests, this is
a copy of capital account of various partners ... from the capital contribution of $965,133. Firstly, this statement
is an unsigned unauthenticated document. It is only a photocopy. Moreover,
this document does
crores from this company and assessee has filed
confirmation and bank statement for the period AY 2015-16 and assessee
also filed Balance Sheet ... hearing instead letter was filed
containing unsigned Ledger account, copy of income tax returns and bank
statements reflecting the payment. A show cause was issued
