PROSECUTION

[Vel Murugan]

Dear Experts,

Please make me understand that whether prosecution can be launched against the legal persons i.e. COMPANY / PARTNERSHIP etc. (not in the name of directors/partners)? If yes, in case of conviction by the court, who will serve the imprisonment? I am asking this related to taxation laws but it is okay to get reference from any other laws or judgements under any other laws.

Thanks in Advance

AI Summary

Prosecution in Tax Law: Companies Can Be Charged, but Individuals May Face Jail for Involvement in Evasion. A forum user inquired whether legal prosecution can be initiated against entities like companies or partnerships, rather than individuals such as directors or partners, particularly in taxation law. Responses clarified that while prosecution can be launched against companies, individuals within the company, such as directors or managing partners, who are directly involved in tax evasion and have evidence against them, may face imprisonment. References were made to specific legal guidelines and the concept of 'lifting the corporate veil,' indicating that legal accountability often targets individuals within the corporate structure.