https://www.taxtmi.com/caselaws?id=119091 Seized papers and statements recorded under section 132(4) can be relied on against an assessee only after giving a fair opportunity to meet the material. Third-party book entries do not, by themselves, fasten liability on the assessee. Where cross-examination of the persons whose statements are used is specifically sought and denied, the assessment is vitiated for breach of natural justice. The proper course is to set aside the assessment and restore the matter for fresh adjudication after supplying the relied-upon material and allowing cross-examination and rebuttal. en-us Mon, 28 Feb 2005 00:00:00 +0530 Sun, 20 Jan 2013 20:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119091 Seized papers and statements recorded under section 132(4) can be relied on against an assessee only after giving a fair opportunity to meet the material. Third-party book entries do not, by themselves, fasten liability on the assessee. Where cross-examination of the persons whose statements are used is specifically sought and denied, the assessment is vitiated for breach of natural justice. The proper course is to set aside the assessment and restore the matter for fresh adjudication after supplying the relied-upon material and allowing cross-examination and rebuttal. Case-Laws Income Tax Mon, 28 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119091