https://www.taxtmi.com/caselaws?id=75706 The court found the respondent guilty of failing to file income tax returns within the stipulated time under Section 276CC of the Income-tax Act. The court held that the mere payment of interest or penalty did not absolve the respondent from criminal liability. The trial court's acquittal was set aside, and the respondent was convicted under Section 276CC, sentenced to six months of rigorous imprisonment, and fined Rs. 5,000 in each appeal, with the sentences running concurrently. The appellant's criminal appeals were allowed, and the trial court's acquittal judgments were overturned. en-us Fri, 26 Feb 2010 00:00:00 +0530 Fri, 05 Jul 2013 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75706 The court found the respondent guilty of failing to file income tax returns within the stipulated time under Section 276CC of the Income-tax Act. The court held that the mere payment of interest or penalty did not absolve the respondent from criminal liability. The trial court's acquittal was set aside, and the respondent was convicted under Section 276CC, sentenced to six months of rigorous imprisonment, and fined Rs. 5,000 in each appeal, with the sentences running concurrently. The appellant's criminal appeals were allowed, and the trial court's acquittal judgments were overturned. Case-Laws Income Tax Fri, 26 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75706