https://www.taxtmi.com/caselaws?id=65043 Section 8 of the Voluntary Disclosure of Income and Wealth Act, 1976 applies only to "voluntarily disclosed income" under section 3 and does not extend to disclosures made after search and seizure under section 14(1). The Act treats a search-based declaration as a separate and narrower category, and cross-references to sections 4 and 5 for procedural purposes do not transform it into a voluntary declaration or enlarge the statutory immunity. Accordingly, an amount disclosed under section 14(1) could not be excluded from total income for computing chargeable profits under the Companies (Profits) Surtax Act, 1964, and the exclusion allowed by the Commissioner (Appeals) was set aside. en-us Tue, 29 Dec 1981 00:00:00 +0530 Fri, 11 Feb 2011 18:15:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65043 Section 8 of the Voluntary Disclosure of Income and Wealth Act, 1976 applies only to "voluntarily disclosed income" under section 3 and does not extend to disclosures made after search and seizure under section 14(1). The Act treats a search-based declaration as a separate and narrower category, and cross-references to sections 4 and 5 for procedural purposes do not transform it into a voluntary declaration or enlarge the statutory immunity. Accordingly, an amount disclosed under section 14(1) could not be excluded from total income for computing chargeable profits under the Companies (Profits) Surtax Act, 1964, and the exclusion allowed by the Commissioner (Appeals) was set aside. Case-Laws Income Tax Tue, 29 Dec 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65043