TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>High Court quashes complaint under Income-tax Act due to lack of concealment in stock valuation</h1> The High Court of Bombay quashed a complaint against a petitioner under sections 276C and 277 of the Income-tax Act, 1961, as no concealment or ... Offences And Prosecution, False Verification The High Court of Bombay quashed a complaint against a petitioner under sections 276C and 277 of the Income-tax Act, 1961, as the Departmental authorities found no concealment or discrepancy in the valuation of closing stock for the assessment year 1979-80. The court ruled that the criminal court can independently decide the allegations without reference to the findings of the appellate authority. The petition was allowed, and the complaint was quashed. (2000 (2) TMI 32 - BOMBAY High Court)
TaxTMI 
TaxTMI 
