https://www.taxtmi.com/caselaws?id=16918 Criminal prosecution under the Income-tax Act cannot be sustained where the Tribunal has deleted the penalty and found that there was no concealment. If the final tax proceedings negate conscious concealment or falsity, the factual foundation for alleging false statement or concealment in the prosecution disappears. The prosecution is then based on a premise that no longer survives, so criminal proceedings founded on that allegation are liable to be quashed. en-us Wed, 02 Jul 1997 00:00:00 +0530 Mon, 14 Sep 2009 11:03:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16918 Criminal prosecution under the Income-tax Act cannot be sustained where the Tribunal has deleted the penalty and found that there was no concealment. If the final tax proceedings negate conscious concealment or falsity, the factual foundation for alleging false statement or concealment in the prosecution disappears. The prosecution is then based on a premise that no longer survives, so criminal proceedings founded on that allegation are liable to be quashed. Case-Laws Income Tax Wed, 02 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16918