2017 (9) TMI 1588 - SCH - Income Tax

Surrender made by the assessee in the course of the survey and confirmed two months later in writing - retraction made by the Assessee two years after the declaration - No reason to entertain this special leave petition, which is, accordingly, dismissed. HC order confirmed 2017 (5) TMI 172 - DELHI HIGH COURT as Court is not satisfied that the retraction made by the Assessee two years after the declaration was bonafide. There was no satisfactory explanation for not including the said amount in the return of income filed by the Assessee on 26th September, 2009. - Decided against the assessee.