https://www.taxtmi.com/caselaws?id=783110 The ITAT allowed the assessee's appeal, holding that tax could not be levied under section 115BBE on income voluntarily disclosed in a return filed under section 139(1). Relying on its own prior precedent, the Tribunal ruled that once the Assessing Officer has accepted the income as returned, without making any addition under sections dealing with unexplained income or search/survey-related provisions, section 115BBE is inapplicable. The AO was directed to recompute tax liability without invoking section 115BBE, thereby granting full relief to the assessee. en-us Thu, 21 Aug 2025 00:00:00 +0530 Wed, 10 Dec 2025 08:41:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783110 The ITAT allowed the assessee's appeal, holding that tax could not be levied under section 115BBE on income voluntarily disclosed in a return filed under section 139(1). Relying on its own prior precedent, the Tribunal ruled that once the Assessing Officer has accepted the income as returned, without making any addition under sections dealing with unexplained income or search/survey-related provisions, section 115BBE is inapplicable. The AO was directed to recompute tax liability without invoking section 115BBE, thereby granting full relief to the assessee. Case-Laws Income Tax Thu, 21 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783110