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Income Tax - Highlights / Catch Notes

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Relevance / validity of statement made u/s 133A - Even if, for ...


Income Disclosure u/s 133A: No Contest on Coercion Claims After Tax Payment and Acceptance by Officer.

September 27, 2016

Case Laws     Income Tax     AT

Relevance / validity of statement made u/s 133A - Even if, for the sake of arguments, we assume it so, it is to be noticed that the assessee had paid taxes on the income disclosed and if the AO would have accepted his returned income as per the disclosure, the assessee would have got no chance or opportunity to claim that the disclosure made by him was under force, coercion or duress. - AT

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