https://www.taxtmi.com/caselaws?id=283133 A criminal complaint under the Income-tax Act alleging concealment and false particulars was quashed because the material from search and block assessment did not justify prosecution on the facts. The Court examined the assessment history, the Tribunal's order, the block assessment scheme, and the interaction of penalty and prosecution provisions, and considered whether the record showed a deliberate willful attempt to evade tax. It held that the material did not establish the requisite mens rea, particularly where the assessee contended that the disputed income had already been assessed in regular proceedings. The complaint and criminal proceedings were therefore quashed against the applicant. en-us Fri, 26 Oct 2018 00:00:00 +0530 Tue, 09 Aug 2022 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283133 A criminal complaint under the Income-tax Act alleging concealment and false particulars was quashed because the material from search and block assessment did not justify prosecution on the facts. The Court examined the assessment history, the Tribunal's order, the block assessment scheme, and the interaction of penalty and prosecution provisions, and considered whether the record showed a deliberate willful attempt to evade tax. It held that the material did not establish the requisite mens rea, particularly where the assessee contended that the disputed income had already been assessed in regular proceedings. The complaint and criminal proceedings were therefore quashed against the applicant. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283133