Allowing the appeal the Tribunal held that the addition in the assessment was based on the alleged satakat found at the business premises of the advocate. The Tribunal also held that without investigation from purchasers or providing a copy of satkat to assessee or examination of advocate addition. is not justified. (AY.2013-14)
Mukesh Agarwal v.ITO (2023)104 ITR 35 (SN)(Surat) (Trib)
S. 45 : Capital gains-Long-term capital gains-Survey-Papers found in the premises of advocate-Satakat bearing name and details of assessee-No corroborative evidence to support material