https://www.taxtmi.com/caselaws?id=313174 The High Court held that criminal proceedings for alleged tax evasion were not justified where the Punjab Value Added Tax Act already provided a complete mechanism, including penalty, for such conduct. Applying the principle that a special statute prevails over general penal provisions, the Court found the matter covered by its earlier decision on the same legal issue. It held that continuation of the FIR under Section 420 IPC would amount to abuse of process and serve no useful purpose. The FIR and consequential proceedings were quashed against the petitioners. en-us Thu, 12 Mar 2015 00:00:00 +0530 Thu, 28 Mar 2024 18:28:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313174 The High Court held that criminal proceedings for alleged tax evasion were not justified where the Punjab Value Added Tax Act already provided a complete mechanism, including penalty, for such conduct. Applying the principle that a special statute prevails over general penal provisions, the Court found the matter covered by its earlier decision on the same legal issue. It held that continuation of the FIR under Section 420 IPC would amount to abuse of process and serve no useful purpose. The FIR and consequential proceedings were quashed against the petitioners. Case-Laws VAT and Sales Tax Thu, 12 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313174