https://www.taxtmi.com/caselaws?id=24646 Knowingly suppressing income or investment in a return supports conviction for filing a false return under section 277 of the Income-tax Act, 1961. The evidence showed that the assessee had disclosed income from certain firms but had omitted substantial investments and had knowledge of the relevant concern's affairs; the later enhancement of assessed income and the signed statement on record reinforced conscious suppression. The High Court therefore upheld the finding that the offence was made out and sustained the conviction. Acquittal on connected IPC charges did not affect the income-tax conviction. en-us Fri, 07 Aug 1987 00:00:00 +0530 Thu, 21 Jan 2010 14:43:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24646 Knowingly suppressing income or investment in a return supports conviction for filing a false return under section 277 of the Income-tax Act, 1961. The evidence showed that the assessee had disclosed income from certain firms but had omitted substantial investments and had knowledge of the relevant concern's affairs; the later enhancement of assessed income and the signed statement on record reinforced conscious suppression. The High Court therefore upheld the finding that the offence was made out and sustained the conviction. Acquittal on connected IPC charges did not affect the income-tax conviction. Case-Laws Income Tax Fri, 07 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24646