https://www.taxtmi.com/caselaws?id=37029 Prosecution for concealment of income was held not to be barred under section 279 merely because a penalty had been reduced in settlement under section 271(4A); the penalty was treated as relatable only to the concealed income for one assessment year, and the statutory immunity claimed for the wider alleged concealment was not available. The settlement clause reserving the department's right to consider prosecution on merits did not require a fresh hearing of the partners before authorising criminal proceedings. The challenge to the prosecution therefore failed, and the criminal proceedings were allowed to continue. en-us Mon, 07 May 1979 00:00:00 +0530 Fri, 26 Mar 2010 10:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37029 Prosecution for concealment of income was held not to be barred under section 279 merely because a penalty had been reduced in settlement under section 271(4A); the penalty was treated as relatable only to the concealed income for one assessment year, and the statutory immunity claimed for the wider alleged concealment was not available. The settlement clause reserving the department's right to consider prosecution on merits did not require a fresh hearing of the partners before authorising criminal proceedings. The challenge to the prosecution therefore failed, and the criminal proceedings were allowed to continue. Case-Laws Income Tax Mon, 07 May 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37029