https://www.taxtmi.com/caselaws?id=78107 The court dismissed the petitions seeking direction to await orders on a compounding application and quashment of criminal proceedings. It emphasized that criminal prosecution can proceed independently of penalty proceedings and Tribunal decisions. Referring to legal precedents, the court held that the pendency of reassessment proceedings or setting aside of penalties does not automatically quash criminal prosecution. The trial in E.O.C.C. No. 151 of 1985 was allowed to continue unaffected by the Tribunal's decision. en-us Fri, 20 Aug 2010 00:00:00 +0530 Fri, 12 Nov 2010 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78107 The court dismissed the petitions seeking direction to await orders on a compounding application and quashment of criminal proceedings. It emphasized that criminal prosecution can proceed independently of penalty proceedings and Tribunal decisions. Referring to legal precedents, the court held that the pendency of reassessment proceedings or setting aside of penalties does not automatically quash criminal prosecution. The trial in E.O.C.C. No. 151 of 1985 was allowed to continue unaffected by the Tribunal's decision. Case-Laws Income Tax Fri, 20 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78107