https://www.taxtmi.com/caselaws?id=96682 Debiting current post-revenue-earning expenditure to organisation expenses that materially alters the revenue account constitutes a wilful false statement under Section 282 of the Indian Companies Act, and such material misstatement supports conviction; the auditor's admission that relevant facts were undisclosed reinforced the finding. By contrast, incorrect allotment dates shown in statutory returns that documentary evidence demonstrates were within time, or that arose from bona fide mistake, do not sustain conviction. On these bases the court reduced or set aside sentences and fines, ordered release of the appellant and refund of any paid fine where convictions were disallowed or remitted. en-us Fri, 07 Jun 1935 00:00:00 +0530 Tue, 10 Jan 2012 12:52:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96682 Debiting current post-revenue-earning expenditure to organisation expenses that materially alters the revenue account constitutes a wilful false statement under Section 282 of the Indian Companies Act, and such material misstatement supports conviction; the auditor's admission that relevant facts were undisclosed reinforced the finding. By contrast, incorrect allotment dates shown in statutory returns that documentary evidence demonstrates were within time, or that arose from bona fide mistake, do not sustain conviction. On these bases the court reduced or set aside sentences and fines, ordered release of the appellant and refund of any paid fine where convictions were disallowed or remitted. Case-Laws Companies Law Fri, 07 Jun 1935 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96682