https://www.taxtmi.com/caselaws?id=178758 The Tribunal found that the statement recorded under section 132(4) was voluntary and not made under duress. The retraction of the statement was deemed invalid as it lacked evidence of coercion. The disclosure in the statement was supported by seized documents showing unaccounted transactions, leading to the confirmation of undisclosed income and dismissal of the assessee's appeal. en-us Mon, 24 Sep 2001 00:00:00 +0530 Fri, 12 Feb 2016 10:05:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178758 The Tribunal found that the statement recorded under section 132(4) was voluntary and not made under duress. The retraction of the statement was deemed invalid as it lacked evidence of coercion. The disclosure in the statement was supported by seized documents showing unaccounted transactions, leading to the confirmation of undisclosed income and dismissal of the assessee's appeal. Case-Laws Income Tax Mon, 24 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178758