https://www.taxtmi.com/caselaws?id=16504 The prosecution proceedings against the accused partners for alleged tax evasion under sections 276C and 278 of the IT Act were quashed. The court emphasized that once tax authorities found no concealment or inaccuracies, continuing criminal proceedings would be an abuse of court process. The subsequent deletion of penalties and additions by the CIT and Tribunal supported the decision to quash the prosecution. Orders confirming no defects in sales, purchases, and stock undermined the prosecution's basis, leading to the restoration of the trial court's order. en-us Tue, 21 Jan 1997 00:00:00 +0530 Tue, 08 Sep 2009 12:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16504 The prosecution proceedings against the accused partners for alleged tax evasion under sections 276C and 278 of the IT Act were quashed. The court emphasized that once tax authorities found no concealment or inaccuracies, continuing criminal proceedings would be an abuse of court process. The subsequent deletion of penalties and additions by the CIT and Tribunal supported the decision to quash the prosecution. Orders confirming no defects in sales, purchases, and stock undermined the prosecution's basis, leading to the restoration of the trial court's order. Case-Laws Income Tax Tue, 21 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16504