2 years, 8 months ago
No Wilful Evasion Of Tax - Madras High Court Quashes Prosecution Under Section 276C (2) Of Income Tax Act
Live LawThe Madras High Court has ruled that prosecution under Section 276C of the Income Tax Act for wilfully attempting to evade payment of tax cannot be initiated against an assessee who merely defaults to pay tax on time under the Act. The Counsel submitted that mere delay in payment of tax without an intention to evade tax would not constitute an offence under Section 276C of the Income Tax Act. The High Court observed that to prosecute a person under Section 276C there must be a wilful attempt on the part of the assessee to evade payment of any tax, penalty or interest. The High Court held that wilful attempt to evade tax cannot be attributed to Assessee in order to prosecute him under Section 276C for mere default on payment of tax in time.
Tax
Prosecution
Income Tax
Income Tax Act
Income
Payment
High
Act
Attempt
Madras High Court
Court Quashes
Assessee
Evade
Wilful
Section 276C
276C
assessee
income
prosecution
act
high
wilful
payment
court
quashes
evasion
evade
madras
tax
attempt
276c
History of this topic
5 days, 14 hours ago
S.144C IT Act | AO Not Having Info About Pending Objections Before Dispute Resolution Panel No Grounds To Sustain Final Assessment Order: Delhi HC
Live Law
1 week, 2 days ago
Form 26B Under Income Tax Rules Not Required For Refund Once Form 5 Under 'Vivad Se Vishwas' Act Is Issued: Allahabad High Court
Live Law
Trending News
1 week, 3 days ago
Assessee Can Confine Settlement Under Direct Tax Vivad Se Vishwas Act To Disputes Which Were Subject Matter Of Its Appeal: Delhi HC
Live Law
2 weeks, 3 days ago
[Income Tax] No Substantial Question Of Law Arises If Perversity Cannot Be Shown In Order Passed By Tribunal: Allahabad High Court
Live Law
1 month ago
Recourse To Section 147 Of Income Tax Act Not Barred In Cases Where Assessing Officer Is Empowered To Proceed U/S 153C: Delhi High Court
Live Law
1 month, 1 week ago
Order Passed U/S 148A(d) Income Tax Act Is Not Appealable, Writ Jurisdiction Can Be Invoked: Madhya Pradesh High Court
Live Law
Trending News
1 month, 1 week ago
When Is Action For Imposition Of Penalty 'Initiated' U/S 271C Of Income Tax Act For Failure To Deduct Tax At Source: Delhi HC Explains
Live Law
1 month, 1 week ago
[Tamil Nadu General Sales Tax] Assessee Liable For Tax On Proceeds From Sale Of Unredeemed Articles By Auctioneers: Madras High Court
Live Law
1 month, 1 week ago
Amount Received In Advance For Services To Be Treated As Income Of Assessee, Chargeable Under Income Tax: Madras High Court
Live Law
1 month, 1 week ago
[Income Tax] Assessing Authority Can't Reassess Prior Years Without Inquiry While Determining Relevant Year's Assessment: Kerala High Court
Live Law
1 month, 1 week ago
Consequential Order Passed By Assessing Authority Beyond Terms Of Remand By Commissioner Is Unacceptable: Kerala High Court
Live Law
1 month, 1 week ago
Mistake On Part Of AO Resulting In Under Assessment Of Income No Ground To Re-Open Assessment U/S 147 Of Income Tax Act: Delhi HC
Live Law
2 months, 1 week ago
High Court Rejects Income Tax Appeal, Finds No Escapement of Rs. 3.25 Crore
Live Law
4 months, 1 week ago
Rajasthan High Court Quashes Income Tax Reassessment As Income Tax Dept. Failed To Hold Proper Investigation
Live Law
4 months, 1 week ago
Mistake In Calculation Of Tax As Per Sec 115BBE Can Be Rectified U/s 154 And Not U/s 263: Ahmedabad ITAT Quashes Revision Made By PCIT
Live Law
4 months, 1 week ago
Income Tax Additions Can't Be Based On Generalised Report By Investigation Wing: ITAT
Live Law
4 months, 3 weeks ago
AO Can't Disregard ITAT's Direction To Re-examine Issue By Referring To CBDT Circular: Delhi High Court
Live Law
4 months, 3 weeks ago
Foreign Tax Credit Can't Be Denied In Spite Of Accepting Computation: Madras High Court
Live Law
5 months ago
AO Must Pass Draft Assessment If He Proposes Variation In Returned Income: Chennai ITAT Explains Scope Of Sec 144C
Live Law
5 months, 2 weeks ago
Order Of ITSC Final And Conclusive For AY For Which Application Has Been Filed: Delhi High Court
Live Law
6 months, 2 weeks ago
Direct Tax Cases Weekly Round-Up: 02 To 08 June 2024
Live Law
7 months, 1 week ago
AO Can't Draw An Adverse Inference For Mere Non-Response From Directors To Notices: Calcutta High Court
Live Law
7 months, 2 weeks ago
Interest Not Leviable From Assessee For Short Payment Of Tax Due To Payer's Default In Deducting TDS Before FY 2012-2013: ITAT
Live Law
7 months, 2 weeks ago
I-T Authority Fails To Consider Reason For Difference In Sale Consideration & Stamp Duty: Mumbai ITAT Deletes Penalty Levied U/s 270A For Under-Reporting Of Income
Live Law
7 months, 2 weeks ago
Income Tax Authority Should Refrain From Over Analysis Which Leads To Paralysis Of Justice: Bombay High Court
Live Law
7 months, 3 weeks ago
Assessee Is Eligible For Credit Of TCS Paid U/S 194Q If There Is No Shortfall In Payment Of TDS: Vishakhapatnam ITAT
Live Law
7 months, 3 weeks ago
Penalty Order On Ground Of Misreporting Of Income Not Justified When SCN And Assessment Order Alleged Under-Reporting: ITAT
Live Law
8 months ago
Failure Of Dept. To Comply With ITAT's Order: Delhi High Court Directs Dept. To Remove Demands, Penalty From ITBA portal
Live Law
8 months, 2 weeks ago
Direct Tax Cases Quarterly Digest 2024
Live Law
8 months, 3 weeks ago
Direct Tax Cases Monthly Round Up: March 2024
Live Law
8 months, 3 weeks ago
Congress’ plea against tax re-assessment by I-T authorities dismissed by Delhi High Court
The Hindu
8 months, 4 weeks ago
Direct Tax Cases Weekly Round-Up: 17 To 23 March 2024
Live Law
9 months ago
Delhi High Court rejects Congress’s plea against tax reassessment
The Hindu
9 months ago
Procedure U/S 148A Need Not Be Complied With Before Issuing Reassessment Notices: Kerala High Court
Live Law
9 months ago
Assessing Officers Are Not Governed By Strict Rules Of Indian Evidence Act, 1872 In Case Of Assessment Proceedings: Madras High Court
Live Law
9 months, 1 week ago
PCIT Cannot Enlarge Scope Of Limited Scrutiny By Invoking Sec 263: Chennai ITAT
Live Law
9 months, 1 week ago
AO Competent To Invoke Section 154 Jurisdiction If Glaring Mistake Of Fact/Law Is Committed While Passing Assessment Order: Madras High Court
Live Law
9 months, 2 weeks ago
Kerala High Court Directs Binoy Kodiyeri To File Income Tax Returns For Assessment Years 2015-22
Live Law
9 months, 3 weeks ago
Direct Tax Cases Monthly Round Up: February 2024
Live Law
10 months, 1 week ago
After Amendment Mere Reason To Believe Can't Be Ground For Carrying Out Reassessment: Karnataka High Court
Live Law
10 months, 1 week ago
Direct Tax Cases Weekly Round-Up: 04 To 10 February 2024
Live Law
10 months, 1 week ago
Gujarat High Court Upholds Income Tax Department's Search and Seizure, Condemns Misconduct
Live Law
10 months, 2 weeks ago
Income Tax Deduction Available On Excise Duty Claim As It Does Not Amount To Double Deduction: Bombay High Court
Live Law
10 months, 2 weeks ago
Voluntary Disallowance Of Expense U/s 40(A)(ia) Is No Basis To Treat Taxpayer As 'Assessee In Default' U/s 201(1): Delhi ITAT
Live Law
10 months, 2 weeks ago
Indirect Tax Cases Monthly Round Up: January 2024
Live Law
10 months, 2 weeks ago
Direct Tax Cases Monthly Round Up: January 2024
Live Law
11 months ago
Direct Tax Weekly Round-Up: 14 To 20 January 2024
Live Law
11 months ago
Change Of Opinion Does Not Constitute Justification To Believe Income Chargeable To Tax Has Escaped Assessment: Bombay High Court
Live Law
11 months, 3 weeks ago
Delhi High Court Upholds Constitutional Validity Of Section 115BBE Of Income Tax Act
Live Law
1 year ago
GST Evasion Prosecution Does Not Depend Upon Completion Of Assessment: Kerala High Court
Live LawDiscover Related
1 day, 4 hours ago
1 day, 11 hours ago
2 days, 16 hours ago
2 days, 22 hours ago
2 days, 23 hours ago
3 days, 17 hours ago
3 days, 18 hours ago
4 days, 17 hours ago
4 days, 20 hours ago
4 days, 22 hours ago
6 days, 5 hours ago
1 week ago
1 week ago
1 week ago
1 week ago
1 week, 1 day ago
1 week, 3 days ago
1 week, 3 days ago
1 week, 5 days ago
1 week, 5 days ago
1 week, 5 days ago
1 week, 5 days ago
1 week, 6 days ago
1 week, 6 days ago
2 weeks ago
2 weeks, 1 day ago
2 weeks, 1 day ago
2 weeks, 2 days ago
2 weeks, 2 days ago
2 weeks, 3 days ago
2 weeks, 4 days ago
2 weeks, 4 days ago
2 weeks, 5 days ago
2 weeks, 5 days ago
2 weeks, 5 days ago
2 weeks, 5 days ago
2 weeks, 6 days ago
2 weeks, 6 days ago
2 weeks, 6 days ago
2 weeks, 6 days ago
2 weeks, 6 days ago
3 weeks ago
3 weeks ago