Dismissing the\u00a0 Criminal revision petition\u00a0 of the assessee\u00a0 and allowing the Criminal\u00a0 revision petition of the revenue, the Court held that, failure to furnish return in response to notice under S.142(1), initiation of prosecution proceedings is held to be valid. Mere fact that\u00a0 subsequently furnished return of income\u00a0 and no amount of tax was due, would not exempt\u00a0 from liability to be prosecuted. \u00a0Disobedience of each of said provisions of law itself constitute a distict offence.(AY. 2003 -04\u00a0to 2005- 06 )<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 276CC : Offences and prosecutions – Failure to furnish return of income-Failure to furnish return in response to notice under S.142(1)-Mere fact that subsequently furnished return of income and no amount of tax was due, would not exempt from liability to be prosecuted. Disobedience of each of said provisions of law itself constitute a distict offence[S. 139(1), 142(1), 148, Criminal Procedure Code, 1973, S. 482]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3408","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-SY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=3408"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3408\/revisions"}],"predecessor-version":[{"id":6114,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3408\/revisions\/6114"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}