1979 (3) TMI 3 - SCH - Income Tax

In view of the finding recorded by the Income-tax Appellate Tribunal that it was clear on the appraisal of the entire material on the record that Shrimati Janak Rani was partner of the assessee-firm and that the firm was a genuine firm we do not see how the assessee can be prosecuted for filing false returns - appeal allowed - production is quashed

Summary

The Supreme Court allowed the appeal and quashed the prosecution of the assessee for filing false returns based on the finding by the Income-tax Appellate Tribunal that the firm was genuine. No costs were awarded. (Case Citation: 1979 (3) TMI 3 - SC)