https://www.taxtmi.com/caselaws?id=380601 Failure to deduct or pay tax deducted at source within the prescribed time can attract prosecution under Section 276B independently of Section 201, interest, or penalty proceedings. The statutory scheme treats the deductor as an assessee in default without excluding criminal liability, and prosecution is not barred merely because the tax is later deposited or adjudication on default has not been completed. Section 278AA offers relief only where reasonable cause is proved. The claimed protection under departmental circulars also failed on the facts because no reliable material showed compliance within the extended time, so quashing was refused and prosecution was held maintainable. en-us Fri, 05 Apr 2019 00:00:00 +0530 Thu, 23 May 2019 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380601 Failure to deduct or pay tax deducted at source within the prescribed time can attract prosecution under Section 276B independently of Section 201, interest, or penalty proceedings. The statutory scheme treats the deductor as an assessee in default without excluding criminal liability, and prosecution is not barred merely because the tax is later deposited or adjudication on default has not been completed. Section 278AA offers relief only where reasonable cause is proved. The claimed protection under departmental circulars also failed on the facts because no reliable material showed compliance within the extended time, so quashing was refused and prosecution was held maintainable. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380601