https://www.taxtmi.com/caselaws?id=427250 The court quashed criminal proceedings under Section 276CC of the Income Tax Act, 1961, as the petitioner had filed the return with interest, which was accepted by the authority. The appellate authority had exonerated the petitioner from further assessment. The court emphasized the need to establish mens rea and held that continuing the prosecution without it, especially when tax and interest were paid, would be an abuse of the legal process. Consequently, the entire criminal proceedings, including the order taking cognizance, were quashed. en-us Mon, 29 Aug 2022 00:00:00 +0530 Wed, 16 Aug 2023 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427250 The court quashed criminal proceedings under Section 276CC of the Income Tax Act, 1961, as the petitioner had filed the return with interest, which was accepted by the authority. The appellate authority had exonerated the petitioner from further assessment. The court emphasized the need to establish mens rea and held that continuing the prosecution without it, especially when tax and interest were paid, would be an abuse of the legal process. Consequently, the entire criminal proceedings, including the order taking cognizance, were quashed. Case-Laws Income Tax Mon, 29 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427250