https://www.taxtmi.com/caselaws?id=216483 The court quashed a criminal complaint under the Income Tax Act for the assessment year 1993-94, alleging income concealment by partners in a partnership. The Income Tax Appellate Tribunal voided the penalties, citing jurisdictional defects, rendering the prosecution invalid. Legal precedents supported the decision, emphasizing that without penalties, prosecution cannot proceed. The judgment highlights procedural adherence significance and the impact of jurisdictional defects on penalty proceedings under the Income Tax Act, ultimately leading to the dismissal of the criminal complaint. en-us Mon, 27 Aug 2012 00:00:00 +0530 Tue, 11 Sep 2012 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216483 The court quashed a criminal complaint under the Income Tax Act for the assessment year 1993-94, alleging income concealment by partners in a partnership. The Income Tax Appellate Tribunal voided the penalties, citing jurisdictional defects, rendering the prosecution invalid. Legal precedents supported the decision, emphasizing that without penalties, prosecution cannot proceed. The judgment highlights procedural adherence significance and the impact of jurisdictional defects on penalty proceedings under the Income Tax Act, ultimately leading to the dismissal of the criminal complaint. Case-Laws Income Tax Mon, 27 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216483