https://www.taxtmi.com/caselaws?id=18627 Revised returns filed before departmental detection, coupled with an accounting error arising from the method used for recording consignment sales, were treated as inconsistent with wilful concealment of income. The essential ingredient for offences under section 276C and section 277 of the Income-tax Act, 1961, and sections 193 and 196 of the IPC was held to be deliberate or intentional suppression, which was not established on the facts found. The Tribunal's finding of no wilful attempt to conceal income, and the trial court's reasons for acquittal, were treated as cogent and convincing, so no appellate interference was warranted and the acquittal was upheld. en-us Mon, 27 Jun 1994 00:00:00 +0530 Sat, 31 Oct 2009 10:11:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18627 Revised returns filed before departmental detection, coupled with an accounting error arising from the method used for recording consignment sales, were treated as inconsistent with wilful concealment of income. The essential ingredient for offences under section 276C and section 277 of the Income-tax Act, 1961, and sections 193 and 196 of the IPC was held to be deliberate or intentional suppression, which was not established on the facts found. The Tribunal's finding of no wilful attempt to conceal income, and the trial court's reasons for acquittal, were treated as cogent and convincing, so no appellate interference was warranted and the acquittal was upheld. Case-Laws Income Tax Mon, 27 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18627