https://www.taxtmi.com/caselaws?id=32729 The court quashed the criminal proceeding under sections 276 and 277 of the Income-tax Act, 1961, against the petitioners. The court found that the petitioners had complied with the reassessment order, paid the revised tax amount and penalties, and there was no wilful negligence in tax payment. It was determined that continuing the criminal proceeding would amount to an abuse of the legal process. Therefore, the court ruled in favor of the petitioners and quashed the entire proceeding, including the rejection order. en-us Mon, 08 Oct 2007 00:00:00 +0530 Wed, 25 Mar 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32729 The court quashed the criminal proceeding under sections 276 and 277 of the Income-tax Act, 1961, against the petitioners. The court found that the petitioners had complied with the reassessment order, paid the revised tax amount and penalties, and there was no wilful negligence in tax payment. It was determined that continuing the criminal proceeding would amount to an abuse of the legal process. Therefore, the court ruled in favor of the petitioners and quashed the entire proceeding, including the rejection order. Case-Laws Income Tax Mon, 08 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32729