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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

An admission is substantial evidence of a fact, within the ...


Assessee's Admission as Substantial Evidence: Immediate Retraction Required to Avoid Legal Consequences.

February 18, 2015

Case Laws     Income Tax     HC

An admission is substantial evidence of a fact, within the special knowledge of an assessee and if not retracted immediately or within reasonable time is substantive evidence of a fact and may be read against an assessee. - HC

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