Seized Document Not Dumb Where Cheque Entries Stand Verified: ITAT Delhi

Nimbus Projects Limited Vs DCIT (ITAT Delhi) Seized Third-Party Document with Matching Cheque Entries Is Not a “Dumb Document”: Cash Payments Upheld u/s 69C The Delhi Bench of the ITAT, in Nimbus Projects Ltd. v. DCIT (AYs 2015-16, 2016-17 & 2017-18), upheld additions made under section 69C on account of alleged cash payments to Proform Interiors Pvt. Ltd. based on documents seized during a search on the Proform Group. The Tribunal rejected the assessee’s contention that the seized papers were “dumb documents” or inadmissible third-party evidence. It was noted that the same seize...