https://www.taxtmi.com/caselaws?id=759591 Block assessment prosecutions concerning undisclosed income, including offences under sections 276C(1), 277 and 278B, turned on the claimed immunity from penalty and prosecution for raids conducted between 1.7.1995 and 1.1.1997, and on the argument that block assessment is a distinct unit separate from regular assessment. The challenge also raised quashing of the criminal complaint and the requirement of sanction under section 279(1). The Supreme Court declined to interfere with the High Court's order and dismissed the Special Leave Petition. en-us Fri, 27 Sep 2024 00:00:00 +0530 Thu, 03 Oct 2024 11:41:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759591 Block assessment prosecutions concerning undisclosed income, including offences under sections 276C(1), 277 and 278B, turned on the claimed immunity from penalty and prosecution for raids conducted between 1.7.1995 and 1.1.1997, and on the argument that block assessment is a distinct unit separate from regular assessment. The challenge also raised quashing of the criminal complaint and the requirement of sanction under section 279(1). The Supreme Court declined to interfere with the High Court's order and dismissed the Special Leave Petition. Case-Laws Income Tax Fri, 27 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759591