Madras HC Upholds Prosecution for Wilful Tax Default Under Section 276C(2)

Abdul Khader Mohammed Farook Vs DCIT (Madras High Court) The Madras High Court dismissed a quash petition filed by an assessee facing prosecution under Section 276C(2) of the Income Tax Act, 1961 for alleged wilful attempt to evade payment of tax. The prosecution arose from the assessee’s return for Assessment Year 2017-18 filed on 30.03.2018, wherein tax and interest liability of Rs.5,95,616/- was declared but not paid. Subsequently, after assessment proceedings, an assessment order dated 22.12.2019 determined total demand at Rs.1,91,43,523/- including tax and interest, and demand notice un...