https://www.taxtmi.com/caselaws?id=417797 The court quashed the prosecution initiated under Sections 276C and 277 of the Income Tax Act, 1961, as it was based on penalty proceedings that were set aside by the Income Tax Appellate Tribunal (ITAT). The ITAT's findings indicated no willful evasion or false claims by the petitioners, rendering the prosecution futile. The court relied on precedents and legal principles to support the decision, emphasizing that continuing the prosecution would lead to unnecessary harassment and a waste of judicial time. Consequently, the proceedings in E.O.C.C. Nos. 75 to 82 of 2016 were quashed, and the related petitions were closed. en-us Thu, 27 Jan 2022 00:00:00 +0530 Thu, 28 Apr 2022 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417797 The court quashed the prosecution initiated under Sections 276C and 277 of the Income Tax Act, 1961, as it was based on penalty proceedings that were set aside by the Income Tax Appellate Tribunal (ITAT). The ITAT's findings indicated no willful evasion or false claims by the petitioners, rendering the prosecution futile. The court relied on precedents and legal principles to support the decision, emphasizing that continuing the prosecution would lead to unnecessary harassment and a waste of judicial time. Consequently, the proceedings in E.O.C.C. Nos. 75 to 82 of 2016 were quashed, and the related petitions were closed. Case-Laws Income Tax Thu, 27 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417797