2002 (1) TMI 39 - HC - Income Tax

Summary

The High Court of Delhi quashed an order framing charges under section 276CC of the Income-tax Act, 1961, due to the petitioners being covered by the "amnesty scheme" and filing returns accordingly. The court ruled in favor of the petitioners based on Instruction No. 1720, dated July 29, 1986, and allowed their petitions. (Case Citation: 2002 (1) TMI 39 - DELHI High Court, Judge: R. S. SODHI)