https://www.taxtmi.com/caselaws?id=12977 A voluntary disclosure under the Voluntary Disclosure of Income and Wealth Act, 1976 protects only the income actually and fully disclosed, subject to the statutory conditions. It does not create a complete bar to reassessment under sections 147 and 148 of the Income-tax Act, 1961 where the disclosure is partial or leaves part of the escaped income undisclosed. On the stated facts, the remaining escaped income could therefore be brought to tax through reassessment, because the assessee had not disclosed the entire amount. en-us Thu, 15 Apr 1999 00:00:00 +0530 Mon, 25 May 2009 16:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12977 A voluntary disclosure under the Voluntary Disclosure of Income and Wealth Act, 1976 protects only the income actually and fully disclosed, subject to the statutory conditions. It does not create a complete bar to reassessment under sections 147 and 148 of the Income-tax Act, 1961 where the disclosure is partial or leaves part of the escaped income undisclosed. On the stated facts, the remaining escaped income could therefore be brought to tax through reassessment, because the assessee had not disclosed the entire amount. Case-Laws Income Tax Thu, 15 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12977