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

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....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....