https://www.taxtmi.com/caselaws?id=6553 Failure to deposit tax deducted at source within the statutory time can attract criminal prosecution under the Income-tax Act, and a company is not exempt from such liability merely because it is a juristic person. Where the complaint contains averments that directors were principal officers or were in charge of and responsible for the company's business, the prosecution against them is maintainable at the threshold and the question of their actual responsibility is for trial. A plea of reasonable cause, including delayed payment after deduction, raises a defence requiring evidence and does not bar prosecution at the stage of discharge or quashing. en-us Fri, 23 Mar 2007 00:00:00 +0530 Wed, 10 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6553 Failure to deposit tax deducted at source within the statutory time can attract criminal prosecution under the Income-tax Act, and a company is not exempt from such liability merely because it is a juristic person. Where the complaint contains averments that directors were principal officers or were in charge of and responsible for the company's business, the prosecution against them is maintainable at the threshold and the question of their actual responsibility is for trial. A plea of reasonable cause, including delayed payment after deduction, raises a defence requiring evidence and does not bar prosecution at the stage of discharge or quashing. Case-Laws Income Tax Fri, 23 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6553