Madras HC Suspends Sentence in Section 276CC Prosecution Pending Revision

Suresh Babu Vs ITO (Madras High Court) Madras High Court Suspends Sentence in Section 276CC Prosecution Pending Revision The Madras High Court granted suspension of sentence and bail to the assessee, who had been convicted under section 276CC of the Income-tax Act, 1961 for failure to file the return of income within the prescribed time and for not clubbing the minor son’s income. The conviction and sentence of one year rigorous imprisonment with fine had been affirmed by the Sessions Court. The assessee contended that during reassessment proceedings, the Department itself had passed an orde...