https://www.taxtmi.com/caselaws?id=24579 A criminal complaint under sections 276C and 277 of the Income-tax Act, 1961 was unsustainable after the appellate tribunal set aside the assessment finding on which it rested. The prosecution had been founded on the view that certain cash credit entries were not genuine and therefore represented income; once that finding was reversed, the factual and legal basis of the complaint disappeared. The allegations could not survive independently of the assessment finding, and the complaint was quashed. en-us Thu, 27 Oct 1988 00:00:00 +0530 Thu, 21 Jan 2010 10:21:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24579 A criminal complaint under sections 276C and 277 of the Income-tax Act, 1961 was unsustainable after the appellate tribunal set aside the assessment finding on which it rested. The prosecution had been founded on the view that certain cash credit entries were not genuine and therefore represented income; once that finding was reversed, the factual and legal basis of the complaint disappeared. The allegations could not survive independently of the assessment finding, and the complaint was quashed. Case-Laws Income Tax Thu, 27 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24579