2017 (9) TMI 1531

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..... than ₹ 25,000 and therefore an attempt to evade tax is covered by the circular - Held that:- The present appeals are from a judgment of the High Court of Karnataka [2016 (10) TMI 1113 - KARNATAKA HIGH COURT] in which the High Court has refused to quash the proceedings against the appellants. Whether the amount involved is less than ₹ 25,000 or less is irrelevant. Section 277 deals wit .....

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..... JUDGMENT 1. Leave granted. 2. The present appeals are from a judgment of the High Court of Karnataka in which the High Court has refused to quash the proceedings against the appellants. As the amount involved is small, and has already been paid with interest long ago, the Circular dated February 7, 1992 squarely applies and, therefore, no proceedings should have been filed as the amount is .....

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