https://www.taxtmi.com/caselaws?id=18493 The High Court upheld the acquittal of the accused in a case involving alleged offences under sections 276C and 277 of the Income-tax Act, 1961. The Special Judge acquitted the accused based on the Supreme Court precedent that if an appeal against levying penalty is decided in favor of the assessee, prosecution is not maintainable. The High Court found no reason to interfere with the sound reasoning provided by the Special Judge, resulting in the dismissal of the appeal by the Assistant Commissioner of Income-tax. en-us Fri, 08 Jul 1994 00:00:00 +0530 Thu, 01 Oct 2009 12:52:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18493 The High Court upheld the acquittal of the accused in a case involving alleged offences under sections 276C and 277 of the Income-tax Act, 1961. The Special Judge acquitted the accused based on the Supreme Court precedent that if an appeal against levying penalty is decided in favor of the assessee, prosecution is not maintainable. The High Court found no reason to interfere with the sound reasoning provided by the Special Judge, resulting in the dismissal of the appeal by the Assistant Commissioner of Income-tax. Case-Laws Income Tax Fri, 08 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18493