1989 (11) TMI 4

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..... s 276C and 277 of the Income-tax Act, 1961, and this order has been challenged by the petitioners in this petition under section 482 of the Criminal Procedure Code. It may be mentioned that the charge has been framed on two counts, viz., (i) that the petitioners concealed their income in respect of "tal" remaining with them in the process of manufacturing precious and semi-precious stones, and (ii .....

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..... t are also left and they are known as "tal". They are either sold as they are or they are again manufactured into small stones but the value of this "tal" is to be accounted for. The petitioners, when they were asked to furnish details, have only shown the weight of finished goods and the weight of the wastage but have not said anything about the "tal". According to the return the income from "tal .....

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..... manufacturing of precious and semi-precious stones and at present it cannot be said that there is no prima facie material for proceeding against the petitioners. The accused can be discharged only if it can be said that there is no ground for proceeding against him. This is not the position in the present case. The matter has been examined at length by the learned Chief Judicial Magistrate and the .....

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