https://www.taxtmi.com/caselaws?id=22084 Section 277 of the Income-tax Act, 1961 requires proof that the accused knew, believed, or did not believe the statement to be true, so mens rea is an essential ingredient and prosecution cannot rest on a mere wrong statement. Where the appellate authority had reversed the foundational finding of concealment and the matter had become highly stale because of the long lapse of time, the High Court treated termination of the criminal proceedings as the safer course. The complaint's dismissal was upheld and the criminal case was allowed to stand terminated. en-us Wed, 29 May 1991 00:00:00 +0530 Mon, 07 Dec 2009 10:19:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22084 Section 277 of the Income-tax Act, 1961 requires proof that the accused knew, believed, or did not believe the statement to be true, so mens rea is an essential ingredient and prosecution cannot rest on a mere wrong statement. Where the appellate authority had reversed the foundational finding of concealment and the matter had become highly stale because of the long lapse of time, the High Court treated termination of the criminal proceedings as the safer course. The complaint's dismissal was upheld and the criminal case was allowed to stand terminated. Case-Laws Income Tax Wed, 29 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22084