https://www.taxtmi.com/caselaws?id=20662 A voluntary disclosure certificate under the Voluntary Disclosure of Income and Wealth Act, 1976 did not, by itself, establish that a later investment was made from the disclosed income. The assessee produced no further evidence to connect the disclosed amount with the disputed purchase of potatoes, so the required evidentiary nexus was missing. On that basis, the addition of Rs. 54,000 as undisclosed income was not deleted, and the claim failed in favour of the Revenue. en-us Thu, 29 Apr 1993 00:00:00 +0530 Mon, 16 Nov 2009 13:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20662 A voluntary disclosure certificate under the Voluntary Disclosure of Income and Wealth Act, 1976 did not, by itself, establish that a later investment was made from the disclosed income. The assessee produced no further evidence to connect the disclosed amount with the disputed purchase of potatoes, so the required evidentiary nexus was missing. On that basis, the addition of Rs. 54,000 as undisclosed income was not deleted, and the claim failed in favour of the Revenue. Case-Laws Income Tax Thu, 29 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20662