https://www.taxtmi.com/caselaws?id=178688 Statements recorded by an income-tax authority from summoned persons without administering oath remained admissible, because the power to examine under the income-tax law was not defeated by the omission and the evidence could still be acted upon. Affidavits and account entries supporting cash credits were not required to be accepted merely on production; their credibility had to be judged on the totality of the surrounding materials. On the facts, the taxing authorities were justified in rejecting the explanations and treating the cash credits as undisclosed income, and the addition was sustained in favour of the Revenue. en-us Fri, 21 Aug 1959 00:00:00 +0530 Wed, 10 Feb 2016 18:18:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178688 Statements recorded by an income-tax authority from summoned persons without administering oath remained admissible, because the power to examine under the income-tax law was not defeated by the omission and the evidence could still be acted upon. Affidavits and account entries supporting cash credits were not required to be accepted merely on production; their credibility had to be judged on the totality of the surrounding materials. On the facts, the taxing authorities were justified in rejecting the explanations and treating the cash credits as undisclosed income, and the addition was sustained in favour of the Revenue. Case-Laws Income Tax Fri, 21 Aug 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178688