https://www.taxtmi.com/caselaws?id=18084 The court ruled in favor of the assessee, emphasizing the voluntary nature of the disclosure and respecting the assessee's choice in allocating the disclosed income to a specific assessment year. The court held that the Department had no authority to divide the disclosed amount among different years against the assessee's intention. The Tribunal was directed to reconsider the set-off claim, highlighting the importance of interpreting laws sympathetically to fulfill their objectives and respecting the disclosing party's decisions in voluntary disclosures. en-us Thu, 07 Mar 1996 00:00:00 +0530 Sat, 26 Sep 2009 16:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18084 The court ruled in favor of the assessee, emphasizing the voluntary nature of the disclosure and respecting the assessee's choice in allocating the disclosed income to a specific assessment year. The court held that the Department had no authority to divide the disclosed amount among different years against the assessee's intention. The Tribunal was directed to reconsider the set-off claim, highlighting the importance of interpreting laws sympathetically to fulfill their objectives and respecting the disclosing party's decisions in voluntary disclosures. Case-Laws Income Tax Thu, 07 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18084