https://www.taxtmi.com/caselaws?id=13742 The High Court allowed the revision, setting aside the conviction and sentence imposed under section 276CC of the Income-tax Act. The accused/applicants, a partnership firm and its partners, were acquitted of the charges related to wilful delay in filing income tax returns for the assessment year 1980-81. Any fines imposed were ordered to be refunded due to the failure of the prosecution to establish that the tax payable exceeded Rs. 3,000, as required by proviso (ii)(b) to section 276CC. en-us Fri, 18 Nov 2005 00:00:00 +0530 Thu, 02 Jul 2009 11:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13742 The High Court allowed the revision, setting aside the conviction and sentence imposed under section 276CC of the Income-tax Act. The accused/applicants, a partnership firm and its partners, were acquitted of the charges related to wilful delay in filing income tax returns for the assessment year 1980-81. Any fines imposed were ordered to be refunded due to the failure of the prosecution to establish that the tax payable exceeded Rs. 3,000, as required by proviso (ii)(b) to section 276CC. Case-Laws Income Tax Fri, 18 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13742