https://www.taxtmi.com/caselaws?id=12818 Criminal prosecution for wilful tax evasion and false statement under sections 276C and 277 was not sustainable where the competent tax forum had found no concealment of income or furnishing of inaccurate particulars and the penalty under section 271(1)(c) had been set aside. A sustained assessment addition by itself did not establish the mens rea required for criminal liability, especially when the finding on penalty negated concealment. On that footing, leave to appeal against the acquittal was declined. en-us Mon, 01 Apr 2002 00:00:00 +0530 Fri, 22 May 2009 11:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12818 Criminal prosecution for wilful tax evasion and false statement under sections 276C and 277 was not sustainable where the competent tax forum had found no concealment of income or furnishing of inaccurate particulars and the penalty under section 271(1)(c) had been set aside. A sustained assessment addition by itself did not establish the mens rea required for criminal liability, especially when the finding on penalty negated concealment. On that footing, leave to appeal against the acquittal was declined. Case-Laws Income Tax Mon, 01 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12818