https://www.taxtmi.com/caselaws?id=763639 Criminal prosecution under Section 276CC of the Income-tax Act was held unsustainable where the revised return had been filed belatedly, penalty proceedings were dropped and refund was directed. On those facts, continuation of the prosecution was treated as unnecessary, and the reasoning in Guru Nanak Enterprises was applied. The impugned order was set aside and the criminal proceedings were quashed in favour of the assessee. en-us Tue, 17 Dec 2024 00:00:00 +0530 Wed, 29 Apr 2026 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763639 Criminal prosecution under Section 276CC of the Income-tax Act was held unsustainable where the revised return had been filed belatedly, penalty proceedings were dropped and refund was directed. On those facts, continuation of the prosecution was treated as unnecessary, and the reasoning in Guru Nanak Enterprises was applied. The impugned order was set aside and the criminal proceedings were quashed in favour of the assessee. Case-Laws Income Tax Tue, 17 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763639