https://www.taxtmi.com/caselaws?id=21808 A partnership firm is a "person" under section 2(31) of the Income-tax Act, 1961, and can be prosecuted for contravention of section 276B for failure to deduct and deposit tax on interest payments. The fact that the statutory punishment includes imprisonment does not bar criminal liability or conviction of the firm for the tax default. The firm's conviction was therefore sustained, along with the fine imposed. en-us Tue, 01 Oct 1991 00:00:00 +0530 Tue, 01 Dec 2009 14:04:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21808 A partnership firm is a "person" under section 2(31) of the Income-tax Act, 1961, and can be prosecuted for contravention of section 276B for failure to deduct and deposit tax on interest payments. The fact that the statutory punishment includes imprisonment does not bar criminal liability or conviction of the firm for the tax default. The firm's conviction was therefore sustained, along with the fine imposed. Case-Laws Income Tax Tue, 01 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21808