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Adding bank balance which was forgotten

This query is : Resolved 
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(Querist)
25 June 2015 Its Urgent,
Assessee has Bank balance which was not shown in his ITR since FY 2011-12, i.e. since first ITR. Now he wants to show this bank balance in ITR for FY 2013-14. Could he show by as per following way? (Eg. balance is Rs300000)
Bank A/c Dr
To Capital A/c Cr
What would be effect in taxation in case he show as above?
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Soumitra Basu

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Soumitra Basu (Expert)
30 June 2015 YES, HE CAN SHOW. BUT THE A.O. CAN ISSUE NOTICE UNDER SECTION 148 FOR ESCAPEMENT OF INCOME.
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