https://www.taxtmi.com/caselaws?id=361276 The accused business was convicted for intentional income tax evasion under Sections 276-C, 277, and 278-B of the Income Tax Act, 1961. The court found deliberate actions to underreport income and inflate expenses, leading to higher income assessment and penalty proceedings. While one accused partner was convicted, others were acquitted due to insufficient evidence. The appeal against the acquittal was dismissed by the Court of Sessions and the High Court, emphasizing the necessity of compelling evidence in proving abetment and tax evasion allegations. en-us Tue, 22 May 2018 00:00:00 +0530 Mon, 04 Jun 2018 08:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361276 The accused business was convicted for intentional income tax evasion under Sections 276-C, 277, and 278-B of the Income Tax Act, 1961. The court found deliberate actions to underreport income and inflate expenses, leading to higher income assessment and penalty proceedings. While one accused partner was convicted, others were acquitted due to insufficient evidence. The appeal against the acquittal was dismissed by the Court of Sessions and the High Court, emphasizing the necessity of compelling evidence in proving abetment and tax evasion allegations. Case-Laws Income Tax Tue, 22 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361276