Additions solely based on undated, unsigned & unrelated loose papers not justified

Vipul Gupta Vs DCIT (ITAT Delhi) The case of Vipul Gupta vs. DCIT (Income Tax Appellate Tribunal, Delhi) revolves around an appeal filed by the Assessee against an order passed by the Learned Commissioner of Income Tax (Appeals)-IV, Kanpur, concerning the assessment year 2012-13. The original assessment was conducted under section 143(3)/153C of the Income Tax Act, 1961, based on a search and seizure operation carried out at M/s. Shubhkamna Buildtech Pvt. Ltd. During this operation, certain documents were seized, including Annexure LP-2, which contained an alleged agreement between Vipul Gupta...