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Addition based on unauthentic / Unsigned Swiss bank statement U/s. 68 not sustainable

AO relied on copies of certain Bank statement not bearing any signature of bank official--Authenticity of documents in question Where AO relying on certain loose papers, which were the copies of the bank statement not bearing any signature of the bank official, or the name of the bank or the place or the country where the branch was situated, made addition under section 68 as undisclosed income of assessee in Swiss bank, AO was not justified since the information was not obtained from Swiss bank and documents relied on were not authentic.



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Addition based on unauthentic / Unsigned Swiss bank statement U/s. 68 not sustainable

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