Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1988 (5) TMI 1 - SUPREME COURT
Income-Tax authorities cannot be prevented from relying on the Evidence Act - if assessee was found to be in possession of some goods, he can be presumed to be its owner - no explanation by assessee to rebut the above presumption - application of section69A is valid - assessee was found to be in possession of some goods, can he presumed to be its owner
