https://www.taxtmi.com/caselaws?id=296985 Mere pendency or admission of settlement proceedings before the Settlement Commission does not, by itself, bar prosecution for income-tax offences. The controlling consideration is whether the Commission has actually become seized of the matter and whether criminal proceedings have been expressly stayed or otherwise precluded. As those conditions were not shown on the facts, the complaint could not be quashed on the ground that the petitioners had sought settlement and payment of tax on disclosed income. The challenge to continuation of the prosecution therefore failed, and the complaint was allowed to proceed. en-us Tue, 27 Oct 2020 00:00:00 +0530 Fri, 13 Aug 2021 21:22:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296985 Mere pendency or admission of settlement proceedings before the Settlement Commission does not, by itself, bar prosecution for income-tax offences. The controlling consideration is whether the Commission has actually become seized of the matter and whether criminal proceedings have been expressly stayed or otherwise precluded. As those conditions were not shown on the facts, the complaint could not be quashed on the ground that the petitioners had sought settlement and payment of tax on disclosed income. The challenge to continuation of the prosecution therefore failed, and the complaint was allowed to proceed. Case-Laws Income Tax Tue, 27 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296985