Mere disclosure of additional income after Sec. 143(2) notice, does not amount to detection of concealment

The assessee submitted revised return since in the original return long term capital gain on UTI liquid plus fund institution plan was claimed exempt u/s 10(38) of the Act as also to reflect correct figures of sale of land at Kheri Sadh and rental income. Merely because the assessee disclosed additional income suo motu after issue of a notice u/s 143(2) of the Act, does not amount to detection of concealment by the AO.

Apparently, the assessee had given all particulars of his income and had disclosed all facts

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