Court : Income Tax Appellate Tribunal ITAT Madras
Decided on : Sep-15-1999
Reported in : (2000)74ITD504(Mad.)
..... ) is a rule of evidence. presumptions which are rebuttable in nature are available to be drawn. the initial burden of discharging the onus of rebuttal is on the assessee. the rationale behind this view is that the basic facts are within the special knowledge of the assessee. sec. 106 of the indian evidence act, 1872, gives statutory recognition to this universally .....Tag this Judgment!