Statements u/s 132(4) of Income Tax Act Are Valid Evidence if Voluntarily Admitted by Assessee.

Statements u/s 132(4) of Income Tax Act Are Valid Evidence if Voluntarily Admitted by Assessee. https://www.taxtmi.com/highlights?id=6690 Addition on the basis of statements made u/s 132 (4) during the course of search - once there is a clear admission, voluntarily made, on the part of the assessee, that would constitute a good piece of evidence at the hands of the Revenue. - HC en-us Sat, 02 Feb 2013 11:03:36 +0530 Sat, 02 Feb 2013 11:03:36 +0530 TaxTMI RSS Generator Statements u/s 132(4) of Income Tax Act Are Valid Evidence if Voluntarily Admitted by Assessee. https://www.taxtmi.com/highlights?id=6690 Addition on the basis of statements made u/s 132 (4) during the course of search - once there is a clear admission, voluntarily made, on the part of the assessee, that would constitute a good piece of evidence at the hands of the Revenue. - HC Highlights Income Tax Sat, 02 Feb 2013 11:03:36 +0530 https://www.taxtmi.com/highlights?id=6690