https://www.taxtmi.com/caselaws?id=27990 Criminal prosecution for income-tax offences need not await completion of assessment or reassessment proceedings, and the mere pendency of those proceedings does not make the case premature. The High Court treated Section 279(2) of the Income-tax Act as confirming that compounding may occur before or after institution of criminal proceedings, and held that possible future relief under Section 273A or by compounding was only an expectancy. On that basis, inherent jurisdiction under Section 482 CrPC was not available to quash the prosecution at the threshold, and the challenge to maintainability failed. en-us Tue, 19 Jun 1984 00:00:00 +0530 Wed, 17 Feb 2010 12:36:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27990 Criminal prosecution for income-tax offences need not await completion of assessment or reassessment proceedings, and the mere pendency of those proceedings does not make the case premature. The High Court treated Section 279(2) of the Income-tax Act as confirming that compounding may occur before or after institution of criminal proceedings, and held that possible future relief under Section 273A or by compounding was only an expectancy. On that basis, inherent jurisdiction under Section 482 CrPC was not available to quash the prosecution at the threshold, and the challenge to maintainability failed. Case-Laws Income Tax Tue, 19 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27990