https://www.taxtmi.com/caselaws?id=201361 The court ruled in favor of the assessee, holding that she was eligible for Voluntary Disclosure Income Scheme (VDIS) benefits for the assessment year 1993-1994. The court interpreted "in relation to prosecution" under section 78 (b) of the Finance Act, 1997, stating that prosecution is considered initiated when court summons are issued based on an Investigating Officer's report. As no charge sheet was filed against the assessee and the FIR was withdrawn before VDIS benefits were sought, the court found that no prosecution was pending or initiated against her, making her eligible for VDIS benefits. en-us Thu, 23 Dec 2010 00:00:00 +0530 Thu, 20 Dec 2012 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201361 The court ruled in favor of the assessee, holding that she was eligible for Voluntary Disclosure Income Scheme (VDIS) benefits for the assessment year 1993-1994. The court interpreted "in relation to prosecution" under section 78 (b) of the Finance Act, 1997, stating that prosecution is considered initiated when court summons are issued based on an Investigating Officer's report. As no charge sheet was filed against the assessee and the FIR was withdrawn before VDIS benefits were sought, the court found that no prosecution was pending or initiated against her, making her eligible for VDIS benefits. Case-Laws Income Tax Thu, 23 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201361