https://www.taxtmi.com/caselaws?id=393884 The Court allowed the criminal original petition, quashing all proceedings against the petitioner under Section 276 (c ) (2) of the Income Tax Act. The Court found that the petitioner's voluntary disclosure of undisclosed income, timely payment of the demanded tax amount, and lack of willful intent to evade tax rendered the criminal proceedings unsustainable and an abuse of process of law. Consequently, the connected miscellaneous petitions were closed, emphasizing the significance of assessing willful intent and prompt tax payment in cases of alleged tax evasion. en-us Fri, 06 Mar 2020 00:00:00 +0530 Tue, 24 Mar 2020 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393884 The Court allowed the criminal original petition, quashing all proceedings against the petitioner under Section 276 (c ) (2) of the Income Tax Act. The Court found that the petitioner's voluntary disclosure of undisclosed income, timely payment of the demanded tax amount, and lack of willful intent to evade tax rendered the criminal proceedings unsustainable and an abuse of process of law. Consequently, the connected miscellaneous petitions were closed, emphasizing the significance of assessing willful intent and prompt tax payment in cases of alleged tax evasion. Case-Laws Income Tax Fri, 06 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393884