https://www.taxtmi.com/caselaws?id=19291 A criminal complaint under section 276C(1) of the Income-tax Act, read with the IPC, could not survive after the Settlement Commission finally accepted the assessee's settlement application, recorded full and true disclosure of income, and vacated the penalty for the year in question. With the tax dispute conclusively settled and no assessment proceedings pending, the foundation of the prosecution disappeared. Continuation of the complaint would serve no useful purpose and amount to an abuse of process. The Punjab and Haryana HC therefore held that the pending criminal proceedings were liable to be quashed. en-us Thu, 24 Nov 1994 00:00:00 +0530 Thu, 05 Nov 2009 12:16:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19291 A criminal complaint under section 276C(1) of the Income-tax Act, read with the IPC, could not survive after the Settlement Commission finally accepted the assessee's settlement application, recorded full and true disclosure of income, and vacated the penalty for the year in question. With the tax dispute conclusively settled and no assessment proceedings pending, the foundation of the prosecution disappeared. Continuation of the complaint would serve no useful purpose and amount to an abuse of process. The Punjab and Haryana HC therefore held that the pending criminal proceedings were liable to be quashed. Case-Laws Income Tax Thu, 24 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19291