been retracted only in the year 2022, i.e. after 15 years,
thereby implying that the retraction of the confessional statement after 15 years ... retracting the Confessional Statement appears to be an
afterthought. The Confessional Statement had been made on 28.02.2007 and
retraction made on 29.09.2022, i.e. after
while throwing further light on the evidentiary value of the retracted
statement said that retracted statement has to be seen with great
circumspection. The statement ... thus clear that even in criminal jurisprudence, the retracted
statement shall not carry the evidentiary value, unless it is shown by
independent evidence that
already retracted his statements. When the
AO relies on a statement given, before the same was retracted, in order to make
an addition, then ... have also retracted the sworn statements given by them u/s 132(4) and
hence these statements which stand retracted also do not have
statement could not make the
statement unacceptable.
d. The burden lay on the appellant to show that the admission made by him
in the statement ... documents, the retraction is not found to be valid
retraction, and the same is rejected.
On the issue of retraction of statement recorded during search
statement could not make the
statement unacceptable.
d. The burden lay on the appellant to show that the admission made by him
in the statement ... documents, the retraction is not found to be valid
retraction, and the same is rejected.
On the issue of retraction of statement recorded during search
proceedings that are
pending, by the time the statement was recorded.
If the statement is not retracted, the same can constitute the
sole basis ... withdrawal or
retraction. His duty ends where the statement is
recorded. If the statements are retracted, the fate
thereof must be decided by law meaning
found that similar the retraction by Shri Sunil
to save the appellant trust the retractions have and filed a been retraction
other employees ... trustee of appellant and used for its own
purpose. As in retraction statement also, facts remained the same that
capitation fees were taken for admission
found that similar the retraction by Shri Sunil
to save the appellant trust the retractions have and filed a been retraction
other employees ... trustee of appellant and used for its own
purpose. As in retraction statement also, facts remained the same that
capitation fees were taken for admission
found that similar the retraction by Shri Sunil
to save the appellant trust the retractions have and filed a been retraction
other employees ... trustee of appellant and used for its own
purpose. As in retraction statement also, facts remained the same that
capitation fees were taken for admission
statement u/s 132(4) "bf the Act that these transactions are accommodation
entries, more particularly when the person who gave the statement retracted ... said
retractions were submitted to the department on 05.09.2019 and were available to
the Assessing Officer. The issue of retracted statements has been examined
