Court Rules Statements u/s 132(4) Need Corroborative Evidence for Tax Assessments; Retracted Statements Insufficient Alone.

Court Rules Statements u/s 132(4) Need Corroborative Evidence for Tax Assessments; Retracted Statements Insufficient Alone. https://www.taxtmi.com/highlights?id=20687 Scope and ambit of section 132(4) - Even in relation to the very block assessment, a statement referable to Section 132(4), but retracted by the person cannot constitute the sole basis - HC en-us Tue, 18 Nov 2014 18:52:54 +0530 Tue, 18 Nov 2014 18:52:54 +0530 TaxTMI RSS Generator Court Rules Statements u/s 132(4) Need Corroborative Evidence for Tax Assessments; Retracted Statements Insufficient Alone. https://www.taxtmi.com/highlights?id=20687 Scope and ambit of section 132(4) - Even in relation to the very block assessment, a statement referable to Section 132(4), but retracted by the person cannot constitute the sole basis - HC Highlights Income Tax Tue, 18 Nov 2014 18:52:54 +0530 https://www.taxtmi.com/highlights?id=20687