https://www.taxtmi.com/caselaws?id=795843 The statutory exception to prosecution for wilful failure to furnish an income-tax return applies where tax deducted at source and advance tax reduce the tax payable on regular assessment below the prescribed threshold. The notes state that the accepted assessment showed tax deducted at source exceeding the tax liability and a refund due. On that basis, the exception applied even though the return was filed after a notice for reassessment and after the complaint was instituted. The continuation of prosecution was described as unwarranted and an abuse of process, and the criminal complaint was quashed. en-us Wed, 22 Jul 2026 00:00:00 +0530 Tue, 28 Jul 2026 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795843 The statutory exception to prosecution for wilful failure to furnish an income-tax return applies where tax deducted at source and advance tax reduce the tax payable on regular assessment below the prescribed threshold. The notes state that the accepted assessment showed tax deducted at source exceeding the tax liability and a refund due. On that basis, the exception applied even though the return was filed after a notice for reassessment and after the complaint was instituted. The continuation of prosecution was described as unwarranted and an abuse of process, and the criminal complaint was quashed. Case-Laws Income Tax Wed, 22 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795843