Dismissing the appeal of the revenue , the Tribunal held that, on the basis of documents found in the premises of third party and also there was no mention of assessee’s name in seized document additions cannot be made merely based on presumption and surmises. ( AY.2013-14)
ACIT v. Navneet Kumar Sureka. (2019) 174 ITD 320 (Delhi) (Trib.)
S. 69A : Unexplained money – Documents seized in third party premises in the course of search- No mention of name of assessee in the seized documents -Deletion of addition is held to be justified .[ S.132(4A) ]