https://www.taxtmi.com/caselaws?id=790899 Where income is declared under the Income Declaration Scheme, 2016 but the tax, surcharge and penalty are not paid within the prescribed time, section 197(b) provides that the undisclosed income becomes chargeable under the Income-tax Act in the previous year in which the declaration is made. On the facts stated, the assessee declared income relatable to assessment year 2013-14, but the Assessing Officer brought it to tax in that assessment year after reopening the assessment under sections 147 and 148. The stated view is that taxation had to follow the scheme's timing rule, and not be made in the original assessment year in the manner adopted by the Assessing Officer, making the addition unsustainable. en-us Thu, 30 Apr 2026 00:00:00 +0530 Sat, 02 May 2026 07:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790899 Where income is declared under the Income Declaration Scheme, 2016 but the tax, surcharge and penalty are not paid within the prescribed time, section 197(b) provides that the undisclosed income becomes chargeable under the Income-tax Act in the previous year in which the declaration is made. On the facts stated, the assessee declared income relatable to assessment year 2013-14, but the Assessing Officer brought it to tax in that assessment year after reopening the assessment under sections 147 and 148. The stated view is that taxation had to follow the scheme's timing rule, and not be made in the original assessment year in the manner adopted by the Assessing Officer, making the addition unsustainable. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790899