Assessee Must Prove Coercion to Retract Voluntary Stock Surrender Statement; Burden of Proof on Assessee.

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Full Text of the Document

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....Addition on account of difference in stock - Once the statement has been given making a surrender, the presumption is that it has been given voluntarily without any pressure or coercion and while stating otherwise for retracting the same, the onus is on the assessee to prove so....