HC quashed prosecution proceedings initiated on wrong disclose of income as assessee duly paid his tax liability

INCOME TAX : Where in year 2008 prosecution was launched against assessee for offences pertaining to wrong disclosure of income for assessment year 1994-95, taking into account year in which offence was committed and fact that tax liability had already been paid along with penalty, order of cognizance and all criminal proceedings arising out of it were to be quashedINCOME TAX : Where in year 2008 prosecution was launched against assessee for offences pertaining to wrong disclosure of income for assessment year 1994-95, taking into account year in which offence was committed and fact that tax liability had already been paid along with penalty, order of cognizance and all criminal proceedings arising out of it were to be quashedwww.taxmann.com Latest Case LawsRead More

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