https://www.taxtmi.com/caselaws?id=19284 The court acquitted the petitioners, a registered firm and its managing partner, of charges related to willful attempt to evade tax and making false statements in verification of returns under the Income-tax Act, 1961. The court found that the prosecution failed to establish the requisite mens rea for the offenses under Sections 276C, 277, and 278B, as there was no evidence of willful evasion or knowingly false statements by the petitioners. Therefore, the conviction and sentence were set aside, and the petitioners were acquitted. en-us Fri, 13 Jan 1995 00:00:00 +0530 Thu, 05 Nov 2009 12:00:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19284 The court acquitted the petitioners, a registered firm and its managing partner, of charges related to willful attempt to evade tax and making false statements in verification of returns under the Income-tax Act, 1961. The court found that the prosecution failed to establish the requisite mens rea for the offenses under Sections 276C, 277, and 278B, as there was no evidence of willful evasion or knowingly false statements by the petitioners. Therefore, the conviction and sentence were set aside, and the petitioners were acquitted. Case-Laws Income Tax Fri, 13 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19284