TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The SC allowed the appeal, set aside the High Court order, and quashed the criminal prosecution initiated under s.276C(1) against the appellant. The Court held continuation of proceedings amounted to abuse of process because prosecuting authorities ignored binding departmental instructions (including the 24.04.2008 circular and subsequent confirmations) requiring an appellate finding where penalty for concealment exceeded Rs.50,000 and failed to demonstrate wilful evasion or ITAT determination of concealment before lodging complaint. In light of the Settlement Commission proceedings and the authorities' procedural non-compliance, the prosecution was held unlawful and liable to be quashed to vindicate fairness, consistency and accountability.
TaxTMI 
TaxTMI 
