https://www.taxtmi.com/caselaws?id=251768 Directors prosecuted for a company's default in deduction and payment of tax were not entitled to acquittal merely because no separate notices individually naming them as principal officers had been issued, where the complaint itself described them as directors/principal officer and persons in charge of the company's business. Liability under the deeming provision for offences by companies attached because the complaint and record showed responsibility for the company's affairs, including signatures on balance sheets, and the directors failed to rebut that statutory burden. Conviction was therefore upheld, and the sentence was moderated by granting probation with fine in view of the long lapse of time and age of the assessment years. en-us Tue, 23 Sep 2014 00:00:00 +0530 Thu, 20 Dec 2018 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251768 Directors prosecuted for a company's default in deduction and payment of tax were not entitled to acquittal merely because no separate notices individually naming them as principal officers had been issued, where the complaint itself described them as directors/principal officer and persons in charge of the company's business. Liability under the deeming provision for offences by companies attached because the complaint and record showed responsibility for the company's affairs, including signatures on balance sheets, and the directors failed to rebut that statutory burden. Conviction was therefore upheld, and the sentence was moderated by granting probation with fine in view of the long lapse of time and age of the assessment years. Case-Laws Income Tax Tue, 23 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251768