https://www.taxtmi.com/caselaws?id=393975 The Court dismissed the Criminal Original Petitions challenging penal action for delayed TDS payment, upholding prosecution under Section 279 of the Income Tax Act. Citing the Madhumilan Syntex case, the Court emphasized that failure to pay tax on time constitutes default, justifying legal action. The petitioners' argument of natural justice violation was rejected, affirming the obligation to timely pay taxes. The Court allowed certain parties to file a petition under Section 205 Cr.P.C. for further proceedings, underscoring the importance of complying with tax payment deadlines to avoid criminal liability. en-us Mon, 16 Mar 2020 00:00:00 +0530 Thu, 26 Mar 2020 12:45:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393975 The Court dismissed the Criminal Original Petitions challenging penal action for delayed TDS payment, upholding prosecution under Section 279 of the Income Tax Act. Citing the Madhumilan Syntex case, the Court emphasized that failure to pay tax on time constitutes default, justifying legal action. The petitioners' argument of natural justice violation was rejected, affirming the obligation to timely pay taxes. The Court allowed certain parties to file a petition under Section 205 Cr.P.C. for further proceedings, underscoring the importance of complying with tax payment deadlines to avoid criminal liability. Case-Laws Income Tax Mon, 16 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393975