https://www.taxtmi.com/caselaws?id=472600 Higher-rate taxation under Section 115BBE requires establishing that income voluntarily declared in a search-assessment return is unexplained or undisclosed income. A declaration alone, without incriminating material or a separate addition, does not satisfy that requirement where the income is stated to arise from regular business. In those circumstances, the declared income is assessable at the regular tax rate rather than the higher rate under Section 115BBE. en-us Tue, 22 Apr 2025 00:00:00 +0530 Fri, 16 Oct 2026 18:43:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472600 Higher-rate taxation under Section 115BBE requires establishing that income voluntarily declared in a search-assessment return is unexplained or undisclosed income. A declaration alone, without incriminating material or a separate addition, does not satisfy that requirement where the income is stated to arise from regular business. In those circumstances, the declared income is assessable at the regular tax rate rather than the higher rate under Section 115BBE. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472600