https://www.taxtmi.com/caselaws?id=20868 A stock discrepancy detected in a survey was treated as only an initial preparation, not a completed wilful attempt to evade tax under Section 276C. The books did not show unbilled stock or unrecorded bills, and the valuation was corrected before filing the return, with supplementary profit disclosed thereafter. On those facts, the required mens rea and proof of a wilful attempt beyond reasonable doubt were absent, so the criminal prosecution could not be sustained and acquittal followed. en-us Mon, 17 Aug 1992 00:00:00 +0530 Tue, 17 Nov 2009 16:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20868 A stock discrepancy detected in a survey was treated as only an initial preparation, not a completed wilful attempt to evade tax under Section 276C. The books did not show unbilled stock or unrecorded bills, and the valuation was corrected before filing the return, with supplementary profit disclosed thereafter. On those facts, the required mens rea and proof of a wilful attempt beyond reasonable doubt were absent, so the criminal prosecution could not be sustained and acquittal followed. Case-Laws Income Tax Mon, 17 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20868