https://www.taxtmi.com/caselaws?id=10854 The court quashed the order of cognizance under section 275A of the Income-tax Act, as no prohibitory orders were issued for the account in question where transactions occurred. The court found that since the account was not under any prohibitory order, no offence under section 275A could be established. The proceedings in Complaint Case No. 78(C) of 2000 were dismissed, specifically addressing the prosecution initiated by the CBI against the petitioner and bank officials for alleged withdrawals from a different account. The court emphasized that it was not intervening in the CBI's case, allowing the petitioner's application and quashing the impugned order and related proceedings. en-us Tue, 06 Apr 2004 00:00:00 +0530 Sun, 26 Jul 2009 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10854 The court quashed the order of cognizance under section 275A of the Income-tax Act, as no prohibitory orders were issued for the account in question where transactions occurred. The court found that since the account was not under any prohibitory order, no offence under section 275A could be established. The proceedings in Complaint Case No. 78(C) of 2000 were dismissed, specifically addressing the prosecution initiated by the CBI against the petitioner and bank officials for alleged withdrawals from a different account. The court emphasized that it was not intervening in the CBI's case, allowing the petitioner's application and quashing the impugned order and related proceedings. Case-Laws Income Tax Tue, 06 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10854