2019 (6) TMI 479

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....inal Revision Case arises out of the order dated 17.09.2018 in Crl.M.P.No. 1521 of 2018 in C.C.No. 153 of 2017 passed by the Special Judge for Economic Offences-cum-VIII Additional Metropolitan Sessions Judge, Hyderabad. The Revision Petitioners are Accused Nos.2 and 3 in C.C.No. 153 of 2017. They have filed a petition under Section 245 Cr.P.C. to discharge them from the offence under Section 27....

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.... or future liabilities, losses, rates, taxes, penalties, etc. of the firm, and hence, the 2nd petitioner / A3 is no way concerned with A1-firm. The 1st petitioner - A2 has a liability to the extent of 10% only and prosecuting A2 leaving his partner of 90% liability is against the principles of natural justice. The learned Public Prosecutor for Income-Tax appearing on behalf of the respondent has....

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.... on record. The learned counsel for the petitioners has referred to the provision under Section 276-B of the Act and submits that if a person fails to pay tax to the credit of Central Government under Chapter XIID or XVIIB, he shall be punished with rigorous imprisonment for a term which shall not be less than three months but which may extend to seven years and with fine. The learned counsel su....