https://www.taxtmi.com/caselaws?id=425002 The Court allowed the petition to quash the prosecution against the accused for alleged tax defaults under the Income Tax Act, 1961. The Tribunal's decision setting aside the Appellate Authority's order restored the situation to its original state, leading to the prosecution being deemed unsustainable. The Department retained the right to pursue future action in case of non-compliance with tax liabilities by the accused. en-us Thu, 16 Jun 2022 00:00:00 +0530 Tue, 12 Jul 2022 21:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425002 The Court allowed the petition to quash the prosecution against the accused for alleged tax defaults under the Income Tax Act, 1961. The Tribunal's decision setting aside the Appellate Authority's order restored the situation to its original state, leading to the prosecution being deemed unsustainable. The Department retained the right to pursue future action in case of non-compliance with tax liabilities by the accused. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425002