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TMI Blogevidence of hand written diariesX X X X Extracts X X X X X X X X Extracts X X X X ..... evidence of hand written diaries X X X X Extracts X X X X X X X X Extracts X X X X ..... 32 seized hand written diary is, and oath statements but some figures are variation in the actual figures as per books of a/cs,the hand written diary figures are estimated / expected figures ,as per b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ooks of a/cs recived amount is lower than hand written diary and oath statments. Is diary figures or actual a/c figues are conclusive evidence? Is any SC case for uphelding the a/c figures are conclus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ive figures and not diary or oath statment during the search? Reply By DARSHAN JAIN: The Reply: In accordance with s.132(4A), if any document is found in the course of a search, then by legal fiction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , it is presumed that the contents of the document are true. However, such presumption is obviously rebuttable by the assessee. S. 292C similar to s.132(4A), is also inserted by FA, 2007 w.r.e.f 1.10. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 75, to reverse the judgment of Hon. SC in P R Metrani 287 ITR 209. It is due to operation of the presumption that the onus is on the assessee to prove that the figures in the diary are estimated / exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ected figures and not conclusive evidence. Application of judgment of court would depend on the peculiar facts of each case. X X X X Extracts X X X X X X X X Extracts X X X X
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