https://www.taxtmi.com/highlights?id=65491 Undisclosed income - Assessee cannot be slapped with tax liability based upon the information contained in the document which could not be produced before the Bench despite the specific direction. We note that the search team has not found any cash, money and not other assets corroborating the said addition in the hands of the assesse. Therefore presumption of section 292CA of the Act cannot be applied in this case - AT en-us Tue, 06 Sep 2022 16:14:06 +0530 Tue, 06 Sep 2022 16:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65491 Undisclosed income - Assessee cannot be slapped with tax liability based upon the information contained in the document which could not be produced before the Bench despite the specific direction. We note that the search team has not found any cash, money and not other assets corroborating the said addition in the hands of the assesse. Therefore presumption of section 292CA of the Act cannot be applied in this case - AT Highlights Income Tax Tue, 06 Sep 2022 16:14:06 +0530 https://www.taxtmi.com/highlights?id=65491