https://www.taxtmi.com/caselaws?id=77498 A deliberate failure to reflect the true stock position in the books, coupled with evidence that the accused was responsible for the firm's business affairs and accounts, was treated as a wilful attempt to evade tax under section 276C of the Income-tax Act, 1961. The HC found that the discrepancy between physical and book stock, along with the accused's signed response to the show-cause notice and admitted connection with the business, supported the concurrent findings of guilt. As no jurisdictional or legal error was shown, revisional interference was refused and the conviction and sentence were sustained. en-us Wed, 14 Oct 2009 00:00:00 +0530 Mon, 20 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77498 A deliberate failure to reflect the true stock position in the books, coupled with evidence that the accused was responsible for the firm's business affairs and accounts, was treated as a wilful attempt to evade tax under section 276C of the Income-tax Act, 1961. The HC found that the discrepancy between physical and book stock, along with the accused's signed response to the show-cause notice and admitted connection with the business, supported the concurrent findings of guilt. As no jurisdictional or legal error was shown, revisional interference was refused and the conviction and sentence were sustained. Case-Laws Income Tax Wed, 14 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77498