Unsigned Excel Sheet Insufficient for Section 153C Proceedings without Corroboration

Principal Commissioner Of Income Tax Central Vs Kaushik Nanubhai Majithia (Gujarat High Court) In a recent verdict, the Gujarat High Court delivered a significant decision regarding the use of unsigned documents as evidence in Income Tax proceedings under Section 153C of the Income Tax Act, 1961. The case, Principal Commissioner Of Income Tax Central Vs Kaushik Nanubhai Majithia, centered on the reliability of an excel sheet found during a search operation. The crux of the matter revolved around an excel sheet discovered in the premises of Navratna Organizers and Developers Private Limited, im...