https://www.taxtmi.com/caselaws?id=13062 Prosecutions under section 276DD of the Income-tax Act could not continue after that penal provision was omitted by the 1987 amendment with effect from 1 April 1989, because no saving clause preserved pending proceedings. The court held that the vicarious liability provision could not by itself sustain prosecution once the substantive offence had been removed from the statute book. The omission therefore extinguished the pending prosecutions, and the trial court's acquittals were properly maintained. The appeals also failed on the facts, but the decisive ground was the absence of any surviving offence after omission. en-us Tue, 24 Jul 2001 00:00:00 +0530 Tue, 26 May 2009 12:18:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13062 Prosecutions under section 276DD of the Income-tax Act could not continue after that penal provision was omitted by the 1987 amendment with effect from 1 April 1989, because no saving clause preserved pending proceedings. The court held that the vicarious liability provision could not by itself sustain prosecution once the substantive offence had been removed from the statute book. The omission therefore extinguished the pending prosecutions, and the trial court's acquittals were properly maintained. The appeals also failed on the facts, but the decisive ground was the absence of any surviving offence after omission. Case-Laws Income Tax Tue, 24 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13062