Oath recorded by Unauthorized Officer Has No Evidence Value: Delhi HC

PCIT Vs ARN Infrastructure (Delhi high court) Introduction: The Delhi High Court recently reviewed a pivotal case, PCIT Vs ARN Infrastructure, which had significant implications on the evidentiary value of statements recorded during tax assessments. Background and Context: Assessment Year in Question: The case pertains to the Assessment Year (AY) 2009-10. Nature of Business: The respondent, ARN Infrastructure, is a developer and builder, having undertaken various projects across the National Capital Region of Delhi (NCR Delhi). Associated Firms: ARN Infrastructure had agreements with several f...