https://www.taxtmi.com/caselaws?id=799364 Final and unchallenged statutory findings verifying the individual's identity and business records, rejecting benami characterisation of the property transactions, and recording full income disclosure materially undermined the factual basis for prosecution for alleged tax evasion and falsification of records. Although the settlement process granted immunity only from penalty and did not extend prosecution immunity because the complaint pre-dated the settlement application, the conclusive findings negated the core allegations. Exercise of inherent criminal jurisdiction was therefore warranted to prevent abuse of process, and the complaint, summoning order and consequential proceedings were quashed. en-us Fri, 29 May 2026 00:00:00 +0530 Mon, 21 Sep 2026 08:57:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799364 Final and unchallenged statutory findings verifying the individual's identity and business records, rejecting benami characterisation of the property transactions, and recording full income disclosure materially undermined the factual basis for prosecution for alleged tax evasion and falsification of records. Although the settlement process granted immunity only from penalty and did not extend prosecution immunity because the complaint pre-dated the settlement application, the conclusive findings negated the core allegations. Exercise of inherent criminal jurisdiction was therefore warranted to prevent abuse of process, and the complaint, summoning order and consequential proceedings were quashed. Case-Laws Benami Property Fri, 29 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799364