There was delay in filing of the return and failed to pay the self assessment tax. On receipt of the notice the assessee has paid the self assessment tax. Notice was issued for committing offences under sections 276CC and 276C and initiated criminal prosecution proceedings. The Assessee filed petition under section 482 of Cr.PC against initiation of such proceedings against it.-High Court\u00a0 held that term ‘wilfully fails to furnish in due time’ as contained in section 276CC takes within its fold due time that has been fixed under section 139(1) and not extended time provided under section 139(4) and thus mere filing of return during extended time would not come to aid of assessee to escape from criminal prosecution.\u00a0 High Court further held that issue as to whether there was wilfulness in not filing returns on time and not paying tax on time, was only a matter of fact, which could be ascertained only through appreciation of evidence; Court, exercising its jurisdiction under section 482 of Code, could not presume innocence or absence of wilfulness on part of assessee. Notice is\u00a0\u00a0 issued in SLP filed against\u00a0 the\u00a0 order of High Court. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 276CC : Offences and prosecutions-Failure to furnish return of income-Failure to pay self assessment tax-Criminal complaint is filed before the Magistrate Court-Petition filed before the High Court to quash the proceedings is dismissed-Notice is issued in SLP filed by the assessee. [S. 139(1), 139(4), 140A,,276C, 278E,Code of Criminal Procedure, 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":[21],"tags":[],"class_list":["post-39576","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aik","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39576","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=39576"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39576\/revisions"}],"predecessor-version":[{"id":39577,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39576\/revisions\/39577"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}