Criminal Prosecution was allowed against Jute Mill Directors for alleged non-payment of tax invoice dues

Sarada Jute Mills Pvt. Ltd. & Ors. Vs P.G. Electricals. (Calcutta High Court) Conclusion: A criminal revisional application filed by a firm and its directors for non-payment of tax invoice dues was dismissed as a prima facie case had been made out against assessee, observing that their conduct of denying the transaction after receiving goods indicated a dishonest intention from the inception. Held: Assessee-company had invoked the inherent jurisdiction of the High Court under Section 482 Cr.P.C. seeking quashing of complaint proceedings alleging offences under Sections 406/409/420/120B IPC...