Court Refuses to Quash Proceedings on Alleged Bogus Tax Deduction Claim u/s 482 CrPC; Serious Issues Involved.

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....Bogus claim of Deduction u/s 35(i)(ii) - Criminal Petition is filed under Section 482 of the Code of Criminal Procedure, 1973 - as there are serious allegations against the petitioner herein and there are several triable issues, this Court is not inclined to quash the proceedings and the petitioner failed to make out any case to quash the said proceedings. - HC....