https://www.taxtmi.com/caselaws?id=28350 Pendency of penalty proceedings or a reference does not by itself justify quashing a prosecution under Section 277 of the Income-tax Act. Mere possibility of a future favourable finding for the assessee is insufficient to invoke inherent jurisdiction to stop the criminal case, especially where the criminal proceedings have already been validly instituted. The court distinguished situations in which appellate or tribunal findings had already gone in favour of the assessee and treated those as materially different. On the facts discussed, the prosecution was not regarded as an abuse of process and the request to quash was rejected. en-us Tue, 10 May 1983 00:00:00 +0530 Sat, 20 Feb 2010 18:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28350 Pendency of penalty proceedings or a reference does not by itself justify quashing a prosecution under Section 277 of the Income-tax Act. Mere possibility of a future favourable finding for the assessee is insufficient to invoke inherent jurisdiction to stop the criminal case, especially where the criminal proceedings have already been validly instituted. The court distinguished situations in which appellate or tribunal findings had already gone in favour of the assessee and treated those as materially different. On the facts discussed, the prosecution was not regarded as an abuse of process and the request to quash was rejected. Case-Laws Income Tax Tue, 10 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28350