The Karnataka High Court has held that there is no immunity to the companies from prosecution merely because the prosecution is in respect of offences for which the punishment prescribed is Mandatory Imprisonment. Petitioners are sought to be prosecuted under section 276-B of the Income Tax Act, 1961 for failure to remit the tax deducted at source […]
The post No Immunity to Companies from Prosecution merely because of Punishment prescribed is Mandatory Imprisonment: Karnataka HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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