https://www.taxtmi.com/caselaws?id=18668 Section 277 of the Income-tax Act, 1961 requires a false statement or account made knowingly, or with belief that it is false, or without belief in its truth; a mere incorrect return or inadvertent omission is insufficient. An unchallenged finding that the omission to disclose notional rental income was not wilful meant the necessary knowledge or belief as to falsity was absent, and that factual finding bound the revisional court. On that basis, mens rea could not be ignored, and the conviction could not be sustained. The assessee was entitled to acquittal. en-us Wed, 19 Apr 1995 00:00:00 +0530 Sat, 31 Oct 2009 12:28:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18668 Section 277 of the Income-tax Act, 1961 requires a false statement or account made knowingly, or with belief that it is false, or without belief in its truth; a mere incorrect return or inadvertent omission is insufficient. An unchallenged finding that the omission to disclose notional rental income was not wilful meant the necessary knowledge or belief as to falsity was absent, and that factual finding bound the revisional court. On that basis, mens rea could not be ignored, and the conviction could not be sustained. The assessee was entitled to acquittal. Case-Laws Income Tax Wed, 19 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18668