https://www.taxtmi.com/caselaws?id=12068 The appeals by the Union of India against the acquittal of accused-respondents under sections 276DD and 278B of the Income-tax Act were dismissed by the court. The court held that post the Amendment Act of 1987, pending proceedings under the repealed section 276DD could not continue, and fresh penalties could be initiated under section 271E. Consequently, the trial court's acquittals were upheld, and the accused-respondents' bail bonds were canceled. The judgment clarified the application of the law after the Amendment Act of 1987 regarding criminal proceedings involving repealed provisions of the Income-tax Act. en-us Tue, 17 Dec 2002 00:00:00 +0530 Tue, 16 Feb 2010 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12068 The appeals by the Union of India against the acquittal of accused-respondents under sections 276DD and 278B of the Income-tax Act were dismissed by the court. The court held that post the Amendment Act of 1987, pending proceedings under the repealed section 276DD could not continue, and fresh penalties could be initiated under section 271E. Consequently, the trial court's acquittals were upheld, and the accused-respondents' bail bonds were canceled. The judgment clarified the application of the law after the Amendment Act of 1987 regarding criminal proceedings involving repealed provisions of the Income-tax Act. Case-Laws Income Tax Tue, 17 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12068