https://www.taxtmi.com/caselaws?id=4140 HC dismissed the appeal, holding that statements recorded during a survey under section 133A do not constitute conclusive evidence of income. A partner's on-the-spot offer of additional income could not alone establish assessable income absent independent material proving its receipt by the assessee. The court distinguished section 133A from section 132(4), noting only the latter authorizes oath-bound examination and makes such statements admissible as evidence. The tribunal's and commissioner's findings were upheld, as materials obtained under section 133A do not automatically bind the assessee. en-us Wed, 04 Jul 2007 00:00:00 +0530 Mon, 15 Sep 2025 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4140 HC dismissed the appeal, holding that statements recorded during a survey under section 133A do not constitute conclusive evidence of income. A partner's on-the-spot offer of additional income could not alone establish assessable income absent independent material proving its receipt by the assessee. The court distinguished section 133A from section 132(4), noting only the latter authorizes oath-bound examination and makes such statements admissible as evidence. The tribunal's and commissioner's findings were upheld, as materials obtained under section 133A do not automatically bind the assessee. Case-Laws Income Tax Wed, 04 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4140