https://www.taxtmi.com/caselaws?id=18890 Prosecution for the alleged offence under section 276DD could not be sustained because the provision had been omitted before sanction and complaint were issued. Section 6 of the General Clauses Act was treated as saving prosecutions on repeal, but not where a penal provision is merely omitted without a saving clause preserving liability. The amended regime was viewed as beneficial because the conduct was no longer criminal and was dealt with only by monetary penalty. On that basis, retroactive criminal liability was rejected and the assessees were held entitled to the benefit of the amended law; the proceedings were quashed. en-us Wed, 11 Oct 1995 00:00:00 +0530 Mon, 02 Nov 2009 16:10:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18890 Prosecution for the alleged offence under section 276DD could not be sustained because the provision had been omitted before sanction and complaint were issued. Section 6 of the General Clauses Act was treated as saving prosecutions on repeal, but not where a penal provision is merely omitted without a saving clause preserving liability. The amended regime was viewed as beneficial because the conduct was no longer criminal and was dealt with only by monetary penalty. On that basis, retroactive criminal liability was rejected and the assessees were held entitled to the benefit of the amended law; the proceedings were quashed. Case-Laws Income Tax Wed, 11 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18890