https://www.taxtmi.com/article/detailed?id=10997 An Excel file found during search attracts a statutory presumption of ownership and truth but that presumption is rebuttable; the assessing officer must seek corroboration, investigate undated or unsigned entries, and examine whether the assessee applied Percentage Completion or Project Completion Method before making additions based on unexplained cash receipts. en-us Tue, 17 Jan 2023 12:12:40 +0530 Tue, 17 Jan 2023 12:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10997 An Excel file found during search attracts a statutory presumption of ownership and truth but that presumption is rebuttable; the assessing officer must seek corroboration, investigate undated or unsigned entries, and examine whether the assessee applied Percentage Completion or Project Completion Method before making additions based on unexplained cash receipts. Articles Income Tax Tue, 17 Jan 2023 12:12:40 +0530 https://www.taxtmi.com/article/detailed?id=10997