Undisclosed income - retraction of the statement - the assessee ...

Case Laws Income Tax

January 4, 2018

Undisclosed income - retraction of the statement - the assessee has been consistent in his statements so recorded even during the post search proceedings when his statement was recorded under section 131. Hence, in light of above discussions, the retraction of the statement recorded u/s 132(4) cannot be accepted in the instant case. - AT

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Undisclosed income - retraction of the statement - the assessee ...

Case Laws Income Tax

January 4, 2018

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