https://www.taxtmi.com/caselaws?id=64112 The tribunal dismissed the appeal by the IT Officer and allowed the cross objection raised by the assessee, directing that the addition of Rs. 15,000 as undisclosed income in the assessment year 1968-69 be deleted. The tribunal upheld the decision of the Assistant Commissioner of Income Tax (AAC) based on the voluntary disclosure made by the wife of the assessee under the Voluntary Disclosure Scheme and the precedent set by the Delhi High Court in a similar case. The investment made by the wife was deemed traceable to a different accounting year and not assessable in the present year. en-us Tue, 26 Apr 1977 00:00:00 +0530 Thu, 03 Feb 2011 18:30:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64112 The tribunal dismissed the appeal by the IT Officer and allowed the cross objection raised by the assessee, directing that the addition of Rs. 15,000 as undisclosed income in the assessment year 1968-69 be deleted. The tribunal upheld the decision of the Assistant Commissioner of Income Tax (AAC) based on the voluntary disclosure made by the wife of the assessee under the Voluntary Disclosure Scheme and the precedent set by the Delhi High Court in a similar case. The investment made by the wife was deemed traceable to a different accounting year and not assessable in the present year. Case-Laws Income Tax Tue, 26 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64112