https://www.taxtmi.com/caselaws?id=460778 The Telangana HC quashed criminal proceedings against a company under section 276B for delayed TDS deposits on 39 occasions. The court found no fraudulent intention as the company had paid the entire TDS amount with interest before departmental communication, citing financial crisis as the reason for delay. The court determined that criminal prosecution would serve no useful purpose given the circumstances and complete payment of dues with interest, allowing the criminal petition and quashing proceedings before the Special Judge for Economic Offences. en-us Tue, 30 Jan 2024 00:00:00 +0530 Mon, 09 Jun 2025 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460778 The Telangana HC quashed criminal proceedings against a company under section 276B for delayed TDS deposits on 39 occasions. The court found no fraudulent intention as the company had paid the entire TDS amount with interest before departmental communication, citing financial crisis as the reason for delay. The court determined that criminal prosecution would serve no useful purpose given the circumstances and complete payment of dues with interest, allowing the criminal petition and quashing proceedings before the Special Judge for Economic Offences. Case-Laws Income Tax Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460778