https://www.taxtmi.com/caselaws?id=15347 Under the Explanation to section 271(1)(c), the initial burden shifts to the assessee where an explanation for an addition is absent, false, or unsubstantiated, and a later disclosure does not by itself erase concealment if it follows departmental detection or enquiry. Section 139(5) protects only a bona fide omission or wrong statement discovered by the assessee itself, not an attempt to regularise concealed income after investigation has exposed it. On the facts, the revised return was not shown to be voluntary in that sense, so the statutory presumption was not rebutted and penalty for concealment was sustainable. en-us Mon, 01 Nov 1999 00:00:00 +0530 Thu, 06 Aug 2009 10:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15347 Under the Explanation to section 271(1)(c), the initial burden shifts to the assessee where an explanation for an addition is absent, false, or unsubstantiated, and a later disclosure does not by itself erase concealment if it follows departmental detection or enquiry. Section 139(5) protects only a bona fide omission or wrong statement discovered by the assessee itself, not an attempt to regularise concealed income after investigation has exposed it. On the facts, the revised return was not shown to be voluntary in that sense, so the statutory presumption was not rebutted and penalty for concealment was sustainable. Case-Laws Income Tax Mon, 01 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15347