https://www.taxtmi.com/highlights?id=66806 Undisclosed income - on-money - retracted statement - One of the purchasers has stated on oath that a Police complaint was given against him and therefore, he had given statement before the Income Tax Authorities and subsequently retraced the same. In the circumstances, the assessment order passed based on seized material and the statements, which have been redressed, is perverse. - HC en-us Mon, 28 Nov 2022 10:50:07 +0530 Mon, 28 Nov 2022 10:50:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66806 Undisclosed income - on-money - retracted statement - One of the purchasers has stated on oath that a Police complaint was given against him and therefore, he had given statement before the Income Tax Authorities and subsequently retraced the same. In the circumstances, the assessment order passed based on seized material and the statements, which have been redressed, is perverse. - HC Highlights Income Tax Mon, 28 Nov 2022 10:50:07 +0530 https://www.taxtmi.com/highlights?id=66806