| Court: | ITAT DELHI |
| Head Notes: | After distinguishing the judgment of Hon’ble Apex Court rendered in the case of B.Kishore 273 CTR 0468(Mad) affirmed by Apex Court. Hon’ble Bench of ITAT has held a) statement recorded u/s 132(4) alone cannot be termed as incriminating material it should have nexus with incriminating material b) No assessment can be framed on the basis of 3rd party. And decision of B Kishore is not relevant in such cases where statement of third parties have been used |
| Law: | Income-Tax Act |
| Section(s): | 132(4), 153A & section 68 of the Act |
| Counsel(s): | PC YADAV |
| Dowload Pdf File | Click here to download the file in pdf format |
| Uploaded By | PC YADAV |
| Date of upload: | March 26, 2021 |
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