Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
102 TTJ (Asr) 316, wherein it is held that“………..The AO has mainly relied on the statement recorded by the AO under s. 132(4). It is settled position in law that admission made by the assessee under s. 132(4) is an important piece of evidence, but the same is not conclusive. It is open to the assessee