https://www.taxtmi.com/caselaws?id=20422 The court dismissed the petitions seeking to quash criminal proceedings under section 276B read with section 278B of the Income-tax Act, 1961, against the petitioners for failing to deposit tax deducted at source within the prescribed time. The court held that interest/penalty proceedings and criminal prosecution are separate, and the existence of one does not bar the other. It was ruled that criminal prosecution can proceed if the elements of the offence under section 276B are established, regardless of penalty proceedings. The court also clarified that no show-cause notice is required before initiating criminal proceedings under the Act. en-us Thu, 30 Jul 1992 00:00:00 +0530 Fri, 13 Nov 2009 18:11:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20422 The court dismissed the petitions seeking to quash criminal proceedings under section 276B read with section 278B of the Income-tax Act, 1961, against the petitioners for failing to deposit tax deducted at source within the prescribed time. The court held that interest/penalty proceedings and criminal prosecution are separate, and the existence of one does not bar the other. It was ruled that criminal prosecution can proceed if the elements of the offence under section 276B are established, regardless of penalty proceedings. The court also clarified that no show-cause notice is required before initiating criminal proceedings under the Act. Case-Laws Income Tax Thu, 30 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20422