https://www.taxtmi.com/caselaws?id=450430 Criminal prosecution under the Income-tax Act could not proceed where it was founded on an assessment order that had already been set aside and remanded for fresh adjudication. The Madras HC noted that the assessment and penalty proceedings formed the factual basis of the complaint, but once the underlying assessment was no longer final, the prosecution became premature. As a result, the criminal complaint proceedings were liable to be quashed until reassessment was completed. en-us Thu, 05 Oct 2023 00:00:00 +0530 Tue, 05 Mar 2024 08:58:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450430 Criminal prosecution under the Income-tax Act could not proceed where it was founded on an assessment order that had already been set aside and remanded for fresh adjudication. The Madras HC noted that the assessment and penalty proceedings formed the factual basis of the complaint, but once the underlying assessment was no longer final, the prosecution became premature. As a result, the criminal complaint proceedings were liable to be quashed until reassessment was completed. Case-Laws Income Tax Thu, 05 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450430