DR SYED ANWAR vs. THE DEPUTY COMMISSIONER OF INCOME-TAX

Appeal is allowed

Bench: P.S.DINESH KUMAR,T.G. SHIVASHANKARE GOWDA

Section 132(4A) of the Act is a rebuttable presumption. He adverted to the - 7 - ITA.421/2014 seized materials, which are produced at page Nos.114 to 136 of the appeal memorandum and submitted that except the agreement dated February 27, 1996, whereunder, the five individuals had obtained easementary rights, none of the documents bear assessee's signature. He submitted that Assessing