Tribunal held that neither assessee had been able to substantially prove that aforesaid seized papers found from his residential premises did not belong to him, nor AO had been able to dislodge claim of assessee. Accordingly the matter remanded to the AO. (AY. 2011 -12)
Dinesh H. Valecha v. DCIT (2019) 178 ITD 701 (Mum.)(Trib.)
S. 69B : Amounts of investments not fully disclosed in books of account–Seized paper–Matter remanded. [S. 132 , 153A, 292C]