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Court Declines to Stay Criminal Proceedings for Non-Filing of Tax Returns u/s 276CC; Article 227 Jurisdiction Not Invoked.

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....Non filing of Income Tax Return (ITR) - offence punishable u/s 276CC - Stay of criminal proceedings against the petitioners in the competent court - this is not fit case in which the supervisory jurisdiction of this Court under Article 227 of the Constitution should be invoked to stay the criminal proceedings against the petitioners in the competent court.....