https://www.taxtmi.com/caselaws?id=22071 An income-tax clearance certificate can amount to "property" for the purposes of section 420 IPC if it has real value to the person obtained by deception, even without independent pecuniary worth. Here, the certificate was necessary for contractor registration and access to contracts, so it had operative value to the applicant. The allegations also disclosed deception, including dishonest concealment of material facts. On that basis, the court held that charges were disclosed on the material before it and the criminal proceedings were not liable to be quashed under section 482 CrPC. en-us Fri, 31 Aug 1990 00:00:00 +0530 Sat, 05 Dec 2009 17:50:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22071 An income-tax clearance certificate can amount to "property" for the purposes of section 420 IPC if it has real value to the person obtained by deception, even without independent pecuniary worth. Here, the certificate was necessary for contractor registration and access to contracts, so it had operative value to the applicant. The allegations also disclosed deception, including dishonest concealment of material facts. On that basis, the court held that charges were disclosed on the material before it and the criminal proceedings were not liable to be quashed under section 482 CrPC. Case-Laws Income Tax Fri, 31 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22071