https://www.taxtmi.com/caselaws?id=371644 The Court granted interim relief to the petitioner in a case concerning prosecution under Section 277 of the Income Tax Act, 1961. The Court stayed the proceedings of C.R. Case No.837/2018 before the Chief Judicial Magistrate until the next hearing date, scheduled for 08.01.2019. The petitioner's argument that the income statements were supported by documentary evidence and lacked grounds for prosecution was considered. The Court emphasized the need for additional time for the Income Tax Department to provide instructions, leading to the adjournment of the matter. en-us Mon, 03 Dec 2018 00:00:00 +0530 Fri, 07 Dec 2018 06:54:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371644 The Court granted interim relief to the petitioner in a case concerning prosecution under Section 277 of the Income Tax Act, 1961. The Court stayed the proceedings of C.R. Case No.837/2018 before the Chief Judicial Magistrate until the next hearing date, scheduled for 08.01.2019. The petitioner's argument that the income statements were supported by documentary evidence and lacked grounds for prosecution was considered. The Court emphasized the need for additional time for the Income Tax Department to provide instructions, leading to the adjournment of the matter. Case-Laws Income Tax Mon, 03 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371644