https://www.taxtmi.com/caselaws?id=20171 Vicarious liability under section 278B of the Income-tax Act cannot be fastened on a person other than the company unless the complaint specifically averts that he was in charge of, and responsible for, the conduct of the company's business at the time of the alleged offence. A mere assertion that cash was accepted in violation of section 269SS is insufficient. In the absence of the foundational statutory averments, criminal proceedings against the second accused were liable to be quashed and could not be sustained. en-us Thu, 04 Nov 1993 00:00:00 +0530 Thu, 12 Nov 2009 12:25:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20171 Vicarious liability under section 278B of the Income-tax Act cannot be fastened on a person other than the company unless the complaint specifically averts that he was in charge of, and responsible for, the conduct of the company's business at the time of the alleged offence. A mere assertion that cash was accepted in violation of section 269SS is insufficient. In the absence of the foundational statutory averments, criminal proceedings against the second accused were liable to be quashed and could not be sustained. Case-Laws Income Tax Thu, 04 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20171