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Income Tax - Highlights / Catch Notes

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Offences punishable u/s 276C(1) & 277 - jewellery found during ...


Adjudication and Criminal Prosecution on Seized Jewelry Are Independent, Says Supreme Court; Petition Dismissed.

March 6, 2024

Case Laws     Income Tax     HC

Offences punishable u/s 276C(1) & 277 - jewellery found during search - adjudication proceedings and criminal prosecution are inter-dependend or not - The High Court concluded that adjudication proceedings and criminal prosecution deemed independent by Supreme Court - The petition to quash proceedings dismissed, as adjudication proceedings and criminal prosecution can proceed independently.

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