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Case lawHigh Court › CIT v Dhingra Metal Works
High CourtHelps taxpayerValidity unconfirmeds.133As.132(4)

CIT v Dhingra Metal Works

A partner surrendered income during a survey and we have since reconciled the stock. Can we withdraw it?

A partner surrendered income during a survey and we have since reconciled the stock. Can we withdraw it?

Yes. Section 133A does not give a statement recorded in a survey evidentiary value, and an admission is not conclusive: the maker may show it to be wrong. Once the stock difference was reconciled from the records and the officer had made no independent enquiry, nothing was left to support the addition.

Decided by the High Court (Delhi High Court — Manmohan J (sitting singly)) on 2010-10-04, reported as (2010) 328 ITR 384 (Del); (2011) 196 Taxman 488 (Del); ITA No. 1111 of 2010, AY 2005-06. It bears on section 133A, section 132(4) of the Income Tax Act 1961, in Evidence & Burden of Proof and Search, Survey & Block Assessment matters.

Read this before you cite it. The proposition is confined to s.133A. It is that a survey statement is not conclusive and not, of itself, evidence — not that it is worthless, and not that the reasoning carries across to a sworn statement under s.132(4), where Smt. Dayawanti (Delhi HC, 2016) held the probative value of an unexplained statement on oath is undeniable. The holding also depends on the assessee having actually produced records explaining the discrepancy.
Validity check could not be completed. No later decision applying, following or affirming this judgment was established. The only later High Court decision traced that engages with it is Smt. Dayawanti v. CIT [2016] 75 taxmann.com 308 (Delhi), decided 27 October 2016, where it was cited at para 19 in a case the assessee lost; that case concerned statements recorded on oath under s.132(4) after a search and seizure, and the Court held that such sworn statements, never reasonably explained, had undeniable probative value. That is a distinction on the statutory footing, not a doubting of this decision, but it is not an application of it either. Nothing overruling or doubting the judgment was found. Absence of contrary authority is not good law, so the status has been left unverified.

Why it matters

This answers the standard line that a surrender made on the spot binds you and that the retraction is an afterthought. It matters most where the whole assessment rests on the survey statement and the officer never went behind it. Note the two limbs the court needed: the discrepancy actually explained from the books, and no independent enquiry by the Assessing Officer.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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Related

Other authorities on the same sections.

Used in these worked examples

Notice situations where this decision carries one of the steps.
A surrender signed at midnight in a survey, retracted five weeks laterOur partner surrendered Rs 1.2 crore during a survey and we have since retracted with a stock reconciliation - can the assessment still rest on that statement?