presence. Apart from them, the AO rightly treated this changed version of witnesses as result of manipulation because both of them can easily ... witnesses recorded at the time of search and treating the changed version as result of manoeuvre on the part of the assesse and Shri Vijay
presence. Apart from them, the assessing officer rightly treated this changed version of witnesses as result of manipulation because both of them can easily ... witnesses recorded at the time of search and treating the changed version as result of manoeuvre on the part of the assessee and Shri Vijay
Learned
Counsel for the petitioner submitted that in spite of changed version regarding
theft of vehicle and leaving ignition key in the vehicle ... were negligent in leaving the key
in the vehicle and changing their version and not coming with clean hands
before District Forum and impugned order
code of lakh of rupees, Later on J.K. Jain changed his version and claimed that the figures were in thousands only ... lakhs. This change of version was adopted by J.K. Jain when he was examined by the DDIT (Inv.), New Delhi. It may be mentioned
found at the time of search
and not to its deemed changed version.
(iii) AO had estimated on basis of probabilities, possibilities,
guess, surmises
accept the
averments made by their Directors, who constantly went on changing their
versions from time to time before various investigating agencies to suit
their
statement u/s 131 of the act,
he changed his version and stated that he is not carrying on any
Sata business and the money ... such as cash books, audited accounts of
earlier years etc. of changed version on 30.8.2011, non allegation
of any coercive action or threat by Income
dynamics of
Case No. 62 of 2016 12
Public Version
markets have changed in the last 17 years and the geographic market is
entirely different ... understood as
Case No. 62 of 2016 15
Public Version
change in production line and not as a factor of substitutability of VSF.
Further
Veerabhadra Reddy as the source for the investment, however, he
subsequently changed his version and stated that he has taken
loan ... would be disclosed as undisclosed Income.
47. Later on the assessee changed his version in his reply
to the questionnaire dated 15.02.2011 issued
holding that though there is no doubt that the respondent had changed his version with regard to the acquisition of the VCR and camera ... show cause notice that they belong to one Santokh Singh. This change of version, according to him, amounts to a false denial and, therefore, could
