Signed document cannot be whimsically discarded; Don’t burden Taxpayer with unfair additions

Naresh Sharma Vs AO (ITAT Chandigarh) 1. The AO needs to ascertain if the sale transaction was indeed genuine and whether the signatures on the Agreement to Sell ‘Ikrarnama’ has been disowned by the purchaser as a forgery. 2. When a document duly relied upon by one of the parties is allegedly signed by both parties, the fact that it is the only document which has been made available as an evidence cannot be whimsically discarded. 3. Best Evidence Rule – the admission of oral evidence be excluded for proving the contents of the document duly signed and excluded by the two parties ...