https://www.taxtmi.com/caselaws?id=38396 The High Court of Calcutta quashed the orders passed by the Chief Metropolitan Magistrate under section 277 of the Income-tax Act, 1961, and the proceedings based on them due to prematurity and contravention of natural justice principles. The court emphasized the necessity of completing assessments before initiating penalty or prosecution proceedings and ruled that the continuation of the proceedings was not maintainable in law. The judgment did not address the merits of the case, leaving them for consideration at the appropriate stage. en-us Wed, 30 Jul 1975 00:00:00 +0530 Tue, 06 Apr 2010 10:23:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38396 The High Court of Calcutta quashed the orders passed by the Chief Metropolitan Magistrate under section 277 of the Income-tax Act, 1961, and the proceedings based on them due to prematurity and contravention of natural justice principles. The court emphasized the necessity of completing assessments before initiating penalty or prosecution proceedings and ruled that the continuation of the proceedings was not maintainable in law. The judgment did not address the merits of the case, leaving them for consideration at the appropriate stage. Case-Laws Income Tax Wed, 30 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38396