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2012 (2) TMI 229 - AT - Income TaxSearch - Document seized indicated investments in Partnership firm - AO made additions on the basis of loose sheets found - Held That:- When document talks at full length the "Total Cost Involved". The cost also mentions about the bar licence fee stock and purchase cost. The seized document itself thus mentions about the initial contribution to be made by the partner at Rs. 1,50,000 and additional contribution of Rs 4,20,000. Reliance also placed on CIT vs Durga Das (1971 -TMI - 6269 - SUPREME Court), Decided against assessee.
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