Possession of Documents Presumed Ownership Under Income Tax Act Section 292C, Rebuttable with Evidence.

Possession of Documents Presumed Ownership Under Income Tax Act Section 292C, Rebuttable with Evidence. https://www.taxtmi.com/highlights?id=27412 Section 292C, inter alia, provides that where any books of accounts or other documents are found in possession or control of any person in the course of search u/s 132 or survey under Section 133A of the Act, it may be presumed that such books or documents belong to such person. Undisputedly, such presumption is rebuttable - HC en-us Sat, 20 Feb 2016 15:25:12 +0530 Sat, 20 Feb 2016 15:25:12 +0530 TaxTMI RSS Generator Possession of Documents Presumed Ownership Under Income Tax Act Section 292C, Rebuttable with Evidence. https://www.taxtmi.com/highlights?id=27412 Section 292C, inter alia, provides that where any books of accounts or other documents are found in possession or control of any person in the course of search u/s 132 or survey under Section 133A of the Act, it may be presumed that such books or documents belong to such person. Undisputedly, such presumption is rebuttable - HC Highlights Income Tax Sat, 20 Feb 2016 15:25:12 +0530 https://www.taxtmi.com/highlights?id=27412