https://www.taxtmi.com/caselaws?id=436874 The Court dismissed the Criminal Original Petitions challenging complaints under the Income Tax Act for delayed tax deposit. Petitioners above 70 sought exemption from prosecution, citing age and lack of evidence as principal officers. The Court upheld the Commissioner's decision to prosecute, noting exceptions to age exemption rules. It ruled that determination of principal officer status should occur during trial. Petitioners were allowed exemption from appearing in trial unless required for progress, emphasizing issues to be addressed during trial for presenting arguments on age exemption and lack of involvement in company operations. en-us Wed, 12 Apr 2023 00:00:00 +0530 Mon, 14 Aug 2023 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436874 The Court dismissed the Criminal Original Petitions challenging complaints under the Income Tax Act for delayed tax deposit. Petitioners above 70 sought exemption from prosecution, citing age and lack of evidence as principal officers. The Court upheld the Commissioner's decision to prosecute, noting exceptions to age exemption rules. It ruled that determination of principal officer status should occur during trial. Petitioners were allowed exemption from appearing in trial unless required for progress, emphasizing issues to be addressed during trial for presenting arguments on age exemption and lack of involvement in company operations. Case-Laws Income Tax Wed, 12 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436874