HC dismisses Income Tax Prosecution as tax, interest & penalty was already been paid

Prabir Kumar Shaw Vs Union of India (Patna High Court)

From the perusal of the complaint, it appears that with respect to the Assessment Year 1994-95 (Financial Year 1993-94), lesser tax liability was shown by the petitioners and, therefore, a prosecution has been launched against them by the Income Tax Department.

It has been submitted on behalf of the petitioners, without going into the details of the complaint, that the penalty which was imposed upon the petitioners was paid along with the entire tax liability. It

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