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2015 (6) TMI 889 - ITAT AHMEDABADAddition of accrued interest - seized paper clearly indicates computation of accrued interest at per 12% at prevailing market rate on outstanding balance as on that particular date on investment made by the assessee -CIT(A) deleted the addition - Held that:- CIT(A) while deleting the addition has given a finding that the document found at the time of search is a third party document which is neither in the handwriting of the Assessee nor bears her signature and its inference has to be taken as stated by the person who possessed the document. He has further observed that if anything is to be inferred contrary to what is stated in the document it is Department’s onus to prove what it alleges. Before us, Revenue has not brought any material to controvert the findings of ld. CIT(A) or pointed to any fallacy in his observations. - Decided against revenue.
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