Evidentiary value of a statement made on oath by the assessee ...

Sworn Statements Alone Insufficient for Tax Assessment; Corroborative Evidence Required, Says High Court on Section 133A(3)(iii) Case.

September 9, 2019

Case Laws Income Tax HC

Evidentiary value of a statement made on oath by the assessee for making additions - The assessee can explain or withdraw the admission, if any, made by him in such statement. Assessment of tax cannot be made solely on the basis of such sworn statement made by the assessee u/s 133A(3)(iii) - but, in this case, AO has made the addition on the basis of corroborative evidences - Additions confirmed - HC

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Evidentiary value of a statement made on oath by the assessee ...

Sworn Statements Alone Insufficient for Tax Assessment; Corroborative Evidence Required, Says High Court on Section 133A(3)(iii) Case.

September 9, 2019

Case Laws Income Tax HC

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