1995 (3) TMI 52 - HC - Income Tax

Addition To Income Assessment Proceedings Criminal Proceedings Wilful Attempt To Evade Tax

Summary

The petitioner sought to quash prosecution proceedings under sections 276C and 277 of the Income-tax Act, 1961 for the assessment year 1981-82. The Tribunal quashed the assessment order, but only partial addition was confirmed. The court ruled that the pendency of reassessment proceedings does not bar criminal prosecution. The petition was dismissed, and the interim order was vacated.