https://www.taxtmi.com/caselaws?id=432789 The court quashed penalty orders under the Income Tax Act for late filing of returns for Assessment Year 1983-84. Despite the cancellation of penalties, criminal proceedings under Section 276-C of the Income Tax Act continued. The applicant challenged these criminal proceedings, citing a Supreme Court judgment that automatic quashing of criminal prosecution follows penalty cancellation for no concealment. The court, finding alignment with the precedent, quashed the criminal proceedings under Sections 276 and 277 of the Income Tax Act. The court accepted the application, leading to the quashing of orders and proceedings related to the criminal charges. en-us Mon, 05 Dec 2022 00:00:00 +0530 Thu, 12 Jan 2023 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432789 The court quashed penalty orders under the Income Tax Act for late filing of returns for Assessment Year 1983-84. Despite the cancellation of penalties, criminal proceedings under Section 276-C of the Income Tax Act continued. The applicant challenged these criminal proceedings, citing a Supreme Court judgment that automatic quashing of criminal prosecution follows penalty cancellation for no concealment. The court, finding alignment with the precedent, quashed the criminal proceedings under Sections 276 and 277 of the Income Tax Act. The court accepted the application, leading to the quashing of orders and proceedings related to the criminal charges. Case-Laws Income Tax Mon, 05 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432789