Assessee's Admission as Substantial Evidence: Immediate Retraction Required to Avoid Legal Consequences.

Assessee's Admission as Substantial Evidence: Immediate Retraction Required to Avoid Legal Consequences. https://www.taxtmi.com/highlights?id=21824 An admission is substantial evidence of a fact, within the special knowledge of an assessee and if not retracted immediately or within reasonable time is substantive evidence of a fact and may be read against an assessee. - HC en-us Wed, 18 Feb 2015 17:36:32 +0530 Wed, 18 Feb 2015 17:36:32 +0530 TaxTMI RSS Generator Assessee's Admission as Substantial Evidence: Immediate Retraction Required to Avoid Legal Consequences. https://www.taxtmi.com/highlights?id=21824 An admission is substantial evidence of a fact, within the special knowledge of an assessee and if not retracted immediately or within reasonable time is substantive evidence of a fact and may be read against an assessee. - HC Highlights Income Tax Wed, 18 Feb 2015 17:36:32 +0530 https://www.taxtmi.com/highlights?id=21824