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2016 (7) TMI 1431 - AT - Income TaxAddition on the basis of loose papers found in search - Held that:- As document is silent as to the payer and payee of the amount in question nor does it disclose that the payment was made by cheque or cash nor it is proved that the document is in the handwriting of assessee or at least bears his signatures. So, we are of the considered view that the addition on the basis of only document is not sustainable. - Decided in favour of assessee
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