ITAT Deletes Addition as Unsigned Seized Document Was a Dumb Document

Neeraj Goel Vs ACIT (ITAT Delhi) Summary: The appeal arose from the order of the Commissioner of Income Tax (Appeals) for Assessment Year 2009-10, who had upheld an addition of ₹5,31,217 made by the Assessing Officer as alleged interest income based on a seized document. The assessee challenged the addition, contending that the document was a bald or dumb document, that Section 292C had been wrongly invoked, and that the document was neither found in the assessee’s possession nor under his control. The assessee had originally filed a return declaring income of ₹10,97,600. Following a se...