https://www.taxtmi.com/caselaws?id=17635 Prosecution for offences under sections 276C and 277 of the Income-tax Act was not quashed because the earlier penalty cancellation order had not attained finality, as the Department had already filed appeals before the ITAT. The Court noted that penalty and prosecution proceedings may proceed concurrently, but where the outcome of the penalty appeal may affect the foundation of the criminal case, immediate quashing is not required. The prosecution was therefore left in place, while the criminal proceedings were stayed pending disposal of the Department's appeals. en-us Tue, 24 Sep 1996 00:00:00 +0530 Wed, 23 Sep 2009 17:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17635 Prosecution for offences under sections 276C and 277 of the Income-tax Act was not quashed because the earlier penalty cancellation order had not attained finality, as the Department had already filed appeals before the ITAT. The Court noted that penalty and prosecution proceedings may proceed concurrently, but where the outcome of the penalty appeal may affect the foundation of the criminal case, immediate quashing is not required. The prosecution was therefore left in place, while the criminal proceedings were stayed pending disposal of the Department's appeals. Case-Laws Income Tax Tue, 24 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17635