Prosecution proceedings u/s. 271(C)

This query is : Resolved

CA. Jaimin Jayesh Sheth (Querist)
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19 May 2009 Prosecution proceedings u/s. 276C(1) can be attracted, if it is proved that the assessee has willfully or deliberately concealed his income.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 May 2009 Yes. To bring an act under the provisions of section 276C,the action of the assessee concerned has to be a willful attempt to evade any tax,penalty or interest chargeable or imposable under the act.

Citation:- Jarnail Singh Vs. ITO (1989) 179 ITR 426 (Punj & Hari)