Court Denies Taxpayer Refund for Partial Disclosure Under VDIS; Required Full Income Disclosure u/s 139.

Court Denies Taxpayer Refund for Partial Disclosure Under VDIS; Required Full Income Disclosure u/s 139. https://www.taxtmi.com/highlights?id=62685 Refund of tax paid as advance tax after opting for VDIS scheme - Since he did not submit any return under section 139 before this scheme, therefore involuntarily disclosed income, he ought to have disclosed his entire income. He cannot be permitted to commit mischief with the Act or VDIS by disclosing part of his income in VDIS and thereafter part of his income by submitting belated return - HC en-us Thu, 31 Mar 2022 13:24:44 +0530 Thu, 31 Mar 2022 13:24:44 +0530 TaxTMI RSS Generator Court Denies Taxpayer Refund for Partial Disclosure Under VDIS; Required Full Income Disclosure u/s 139. https://www.taxtmi.com/highlights?id=62685 Refund of tax paid as advance tax after opting for VDIS scheme - Since he did not submit any return under section 139 before this scheme, therefore involuntarily disclosed income, he ought to have disclosed his entire income. He cannot be permitted to commit mischief with the Act or VDIS by disclosing part of his income in VDIS and thereafter part of his income by submitting belated return - HC Highlights Income Tax Thu, 31 Mar 2022 13:24:44 +0530 https://www.taxtmi.com/highlights?id=62685