Voluntary surrender of income does not mean immunity from penalty

Can an assessee who has surrendered his income in response to the specific information sought by the Assessing Officer in the course of survey, be absolved from the penal provisions under section 271(1)(c) for concealment of income?

source https://www.caclubindia.com/articles/voluntary-surrender-income-does-not-mean-immunity-from-penalty-46633.asp