https://www.taxtmi.com/circulars?id=68355 Admissions of undisclosed income during search-related statement recording must be based on material and cogent evidence - seized documents, assets, statements of connected persons or enquiry results - and be substantiated by specifying the manner, years and persons involved. Deponents should be confronted with incriminating documents before admission, and admissions should be followed by questions quantifying the income with reference to supporting material, identifying the assessee(s) and capacity, specifying years, and explaining manner of earning. The search leader must record the basis of any admission in the Authorised Officer's report. en-us Thu, 09 Jan 2014 00:00:00 +0530 Sat, 29 Mar 2025 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68355 Admissions of undisclosed income during search-related statement recording must be based on material and cogent evidence - seized documents, assets, statements of connected persons or enquiry results - and be substantiated by specifying the manner, years and persons involved. Deponents should be confronted with incriminating documents before admission, and admissions should be followed by questions quantifying the income with reference to supporting material, identifying the assessee(s) and capacity, specifying years, and explaining manner of earning. The search leader must record the basis of any admission in the Authorised Officer's report. Circulars Income Tax Thu, 09 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68355