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Case Law Details

Case Name : Nishant Construction Pvt. Ltd vs. ACIT (ITAT Ahmedabad)
Related Assessment Year : 2011-12
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It was held that impounded loose sheet can at the most be termed as “dumb document” which did not contain full details about the dates, and its contents were not corroborated by any material and could not relied upon and made the basis of addition.

Relevant Extract of the Judgment

25. Coming to the evidentiary value of the impounded loose sheet mentioned elsewhere, the Hon’ble Supreme Court in the case of Common Cause (A Registered Society) and Others vs. Union of India and Ot

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