Importance of Statement u/s 132(4) of the IT Act 1961

Last updated: 22 May 2021
Quick Summary
This document delves into the critical importance of statements recorded under Section 132(4) of the Income Tax Act, 1961, particularly concerning search and seizure operations. It clarifies the legal standing of such statements, outlining when they can be used as evidence and the conditions under which they can be retracted. The document is particularly useful for tax professionals, legal practitioners, and individuals facing income tax searches or assessments, providing a thorough understanding of their rights and the implications of statements made during such proceedings.

File details
PDF 607 KB 0 downloads Income Tax
File description
Importance of Statement u/s 132(4) of the IT Act 1961, Retraction thereof #pdf
Download PDF 607 KB Like
Submitted by · Posted 22 May 2021 · Other files by CA.Mohit Gupta · Report
Comments

Recent Files in Income Tax

View more →
PDF

FAQs on TAN as per IT Act 2025

18 September 2026 Download
PDF

FAQs on Tax Audit as per IT Act 2025

18 September 2026 Download
PDF

FAQs on Agricultural Income (Section 2(5) and Rule 270) as per IT Act 2025

17 September 2026 Download
PDF

Withholding Tax Rates as per IT Act 2025

14 September 2026 Download
PDF

ICAI Releases Handbook on Residential Status for NRIs

10 September 2026 Download
PDF

User Manual of UDIN Portal for ICAI DigiCA Platform

01 September 2026 Download

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member sumitsumitPro Member sandip deysandip deyPro Member Chaitanya VoollaChaitanya VoollaPro Member Vignesh PaiVignesh PaiPro Member xavierxavier
Subscribe to Pro
Join an elite circle of professionals


Popular Files


  1. Processing Status of Citizen’s Charter Applications as of Sept 30, 2026
  2. RBI Bulletin - September 2026
  3. RBI | Report of the Advisory Committee on Ways and Means Advances to State Govts
  4. Monthly Economic Review - Sept 2026
  5. ICSI | Exposure Draft of Proposed Syllabus 2027
  6. ICAI Students' Journal: October 2026 Edition
  7. CA Intermediate Financial Management and Strategic Management Paper New Course September 2026

Latest Job Openings

View all
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details