https://www.taxtmi.com/caselaws?id=17408 Criminal prosecution for alleged wilful attempt to evade tax and furnishing of inaccurate particulars could not survive after the penalty order forming its foundation was held bad in law from inception. Because the complaint under the Income-tax Act rested entirely on a penalty under section 271(1)(c), and that penalty was later struck down by the Tribunal, the very basis of the prosecution disappeared. The HC therefore quashed the criminal proceeding in favour of the assessee. en-us Mon, 24 Feb 1997 00:00:00 +0530 Tue, 22 Sep 2009 12:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17408 Criminal prosecution for alleged wilful attempt to evade tax and furnishing of inaccurate particulars could not survive after the penalty order forming its foundation was held bad in law from inception. Because the complaint under the Income-tax Act rested entirely on a penalty under section 271(1)(c), and that penalty was later struck down by the Tribunal, the very basis of the prosecution disappeared. The HC therefore quashed the criminal proceeding in favour of the assessee. Case-Laws Income Tax Mon, 24 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17408