LAW FOR ALL

Sec.139, 142 ,144 ,276CC and 278E of the Income Act - Discharge petition under sec. 245(2) Cr.P.C -Criminal prosecution launched for non filing of returns in time and inspite of notice - Best judgment fixing tax - non finalization of accounts are not the good reasons to discharge the accused - burden lies on the accused that due to bonafide reasons , returns not filed - lower court and high court rightly dismissed the discharge petition - apex court dismissed the appeal = Sasi Enterprises … Appellant Versus Assistant Commissioner of Income Tax … Respondent = 2014 (January part) judis.nic.in/supremecourt/filename=41190