https://www.taxtmi.com/caselaws?id=162856 An acquittal in criminal proceedings does not, by itself, extinguish tax liability arising from escapement of turnover. Proceedings under tax law and criminal prosecution operate in different fields and are governed by different standards, so an acquittal under section 232 of the Code of Criminal Procedure, 1973, especially one based on failure to prove guilt beyond reasonable doubt, cannot automatically erase additions or penalty under the assessment record. A tax appellate authority must give reasoned findings on the material issues and cannot set aside assessment and penalty merely on the strength of the acquittal. The Tribunal's order was therefore held unsustainable on that basis alone, and the matter was remitted for fresh disposal according to law. en-us Fri, 07 Jul 2006 00:00:00 +0530 Tue, 18 Mar 2014 10:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162856 An acquittal in criminal proceedings does not, by itself, extinguish tax liability arising from escapement of turnover. Proceedings under tax law and criminal prosecution operate in different fields and are governed by different standards, so an acquittal under section 232 of the Code of Criminal Procedure, 1973, especially one based on failure to prove guilt beyond reasonable doubt, cannot automatically erase additions or penalty under the assessment record. A tax appellate authority must give reasoned findings on the material issues and cannot set aside assessment and penalty merely on the strength of the acquittal. The Tribunal's order was therefore held unsustainable on that basis alone, and the matter was remitted for fresh disposal according to law. Case-Laws VAT and Sales Tax Fri, 07 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162856