https://www.taxtmi.com/caselaws?id=19484 Information obtained under a statutory voluntary disclosure declaration may be used to reopen an income-tax assessment where it reveals escaped income, and a valid reopening permits examination of the entire escaped income. A prior disclosure of jackpot amounts does not protect the assessee if later material shows the disclosure was not full and true or the transaction was not genuine. On the facts, surrounding circumstances, the assessee's statements, and inconsistencies in the claimed winnings supported the inference that winning tickets had been purchased rather than won, so the addition for undisclosed investment was sustained. en-us Tue, 22 Nov 1994 00:00:00 +0530 Fri, 06 Nov 2009 14:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19484 Information obtained under a statutory voluntary disclosure declaration may be used to reopen an income-tax assessment where it reveals escaped income, and a valid reopening permits examination of the entire escaped income. A prior disclosure of jackpot amounts does not protect the assessee if later material shows the disclosure was not full and true or the transaction was not genuine. On the facts, surrounding circumstances, the assessee's statements, and inconsistencies in the claimed winnings supported the inference that winning tickets had been purchased rather than won, so the addition for undisclosed investment was sustained. Case-Laws Income Tax Tue, 22 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19484