Criminal proceedings justified in concealment of income, without filing return

Dharampal R. Pandia Vs ACIT (Madras High Court) Criminal proceedings justified on account of wilful and deliberate concealment of true and correct income by not filing the return of income within the time stipulated Facts- Petitioner/accused is an individual having business income from his property concerned in the name and style of M/s.Herms India Limited. He is engaged in the business as a dealer in antibiotics, chemicals, prawn feeds and derives income thereof, besides having income from other sources. There was survey action/operation u/s. 133(A) on 20.10.2004, 14.12.2004 and 15.12.2004 in...