2018 (12) TMI 413

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.... ORDER Heard Mr. G. N. Sahewalla, learned senior counsel, assisted by Mr. P. Deka, learned counsel for the petitioner as well as Ms. N. Gogoi, learned Standing Counsel for the Income Tax Department. The learned Standing Counsel for the Income Tax Department prays for and is granted 3(three) weeks time to obtain instructions in the matter. Accordingly, the matter stands adjourned today. Lis....

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....oker and through the concerned stock exchange and each and every financial transactions are through bank and it is submitted that without evidence of the falsification of the records or evidence of a false statement by the petitioner, there is no scope for any prosecution of the petitioner under Section 277 of the Income Tax Act, 1961. In terms of order dated 22.06.2018, the photocopy of the C.....