https://www.taxtmi.com/acts?id=10716 Where assets or book entries discovered in a search are claimed as income of prior years, if that income was either undeclared in a return already filed for those years or the due date for filing those returns has passed without filing, then any declaration furnished on or after the date of search will not prevent the assessee from being deemed to have concealed particulars of income or furnished inaccurate particulars for imposition of the concealment penalty. en-us Tue, 04 Aug 2009 17:43:07 +0530 Sat, 08 Aug 2009 14:13:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10716 Where assets or book entries discovered in a search are claimed as income of prior years, if that income was either undeclared in a return already filed for those years or the due date for filing those returns has passed without filing, then any declaration furnished on or after the date of search will not prevent the assessee from being deemed to have concealed particulars of income or furnished inaccurate particulars for imposition of the concealment penalty. Act-Rules F. Acts / Amendment Acts Tue, 04 Aug 2009 17:43:07 +0530 https://www.taxtmi.com/acts?id=10716