https://www.taxtmi.com/caselaws?id=201683 The court quashed the criminal proceedings under sections 276C and 278B of the Income-tax Act as the penalty order, which formed the basis of the complaint, was set aside by the High Court. Relying on precedents and legal principles, the court held that once penalties are canceled, the prosecution lacks jurisdiction and should be quashed. The court referred to a Supreme Court decision and previous cases where prosecution was quashed when penalty orders were invalidated. Consequently, the court allowed the petition and terminated the criminal proceedings before the Chief Judicial Magistrate, Ratlam. en-us Tue, 13 Jan 2009 00:00:00 +0530 Fri, 28 Dec 2012 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201683 The court quashed the criminal proceedings under sections 276C and 278B of the Income-tax Act as the penalty order, which formed the basis of the complaint, was set aside by the High Court. Relying on precedents and legal principles, the court held that once penalties are canceled, the prosecution lacks jurisdiction and should be quashed. The court referred to a Supreme Court decision and previous cases where prosecution was quashed when penalty orders were invalidated. Consequently, the court allowed the petition and terminated the criminal proceedings before the Chief Judicial Magistrate, Ratlam. Case-Laws Income Tax Tue, 13 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201683