Non-finalized Documents found on third-party premises without independent corroboration cannot justify additions

Smt. Lilaben Rameshbhai Savaliya Vs DCIT (ITAT Ahmedabad) Non-finalized Documents found on third-party premises without independent corroboration cannot justify additions The Income Tax Appellate Tribunal (ITAT) Ahmedabad recently adjudicated on the case of Smt. Lilaben Rameshbhai Savaliya Vs. DCIT, a significant decision that reaffirms the principle that additions cannot be made solely based on documents found from a third party’s premises during survey proceedings. This ruling, dated April 17, 2024, for the Assessment Year 2010-11, emphasizes the need for corroborative evidence when re...