No sec. 69 additions on basis of seized doc showing transaction in name of firm after its dissolution

Where assessee firm had been dissolved with effect from 31-3-2002, alleged unexplained income from transaction found recorded in assessee’s name in month of December, 2003 in a document recovered from third party could not be taxable in hands of assessee in current year

 

IN THE ITAT PUNE BENCH ‘B’

Mantri Developers v. Income-tax Officer