Court held that addition is held to be not justified solely on the basis of photocopy of agreement between two other persons which was seized during search of third party. Relied on K. P. Varghese v. ITO ( 1981) 131 ITR 597 (SC). (AY. 2009-10)
CIT v. Kulwinder Singh (2019) 415 ITR 49/ 311 CTR 233 (P&H) (HC)
S. 69B : Amounts of investments not fully disclosed in books of account –Addition is held to be not justified solely on the basis of photocopy of agreement between two other persons which was seized during search of third party. [S. 132, 513A]