TMI Blog2018 (12) TMI 413X X X X Extracts X X X X X X X X Extracts X X X X ..... nancial 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 has been received and the same has been perused by this Court. Considerin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. List this matter on 08.01.2019. In respect of the prayer for interim relief, the learned senior counsel for the petitioner has submitted that in the complaint petition filed by the Income Tax authorities, the s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ement 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.R. Case No.837/2018 has been received and the same has been perused by this Court. Considering the nature of complaint and the stand taken by the petitioner herein, this Court having seen that since notice w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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