made only on the basis of third party
statements and the statements which has been retracted and when no
incriminating documents has been found during ... assessee has asked for the statements recorded u/s 132(4), After
receiving the copy of statement he has retracted from the statement regarding
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
statement of the
assessee, however, ignored the settled legal position that a person
making a statement is legally entitled to retract from, what ... earlier statement. However, no such retraction is furnished by the
appellant.
The so called retraction is not valid retraction as filing return of
Income
statement of the
assessee, however, ignored the settled legal position that a person
making a statement is legally entitled to retract from, what ... earlier statement. However, no such retraction is furnished by the
appellant.
The so called retraction is not valid retraction as filing return of
Income
statement of the
assessee, however, ignored the settled legal position that a person
making a statement is legally entitled to retract from, what ... earlier statement. However, no such retraction is furnished by the
appellant.
The so called retraction is not valid retraction as filing return of
Income
statement of the
assessee, however, ignored the settled legal position that a person
making a statement is legally entitled to retract from, what ... earlier statement. However, no such retraction is furnished by the
appellant.
The so called retraction is not valid retraction as filing return of
Income
such a so- called retraction in our view is
no retraction in law and is simply a self- serving statement without any material ... Such a so called retraction in our view is no retraction
in law and is simply a self-seruing statement without any material
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
basis
of statement recorded under section 132(4) of the Act. Despite the fact that the
said statement was later on retracted no evidence ... that from the statement recorded at such odd hours cannot be
considered to be a voluntary statement, if it is subsequently retracted and
necessary evidence
