|Madras High Court
Section 276CC Income Tax Act | Prosecution Invalid Without Jurisdictional AO Complaint & Mandatory Penalty Proceedings : Madras HC
Madras High Court quashes prosecution under Section 276CC of the Income Tax Act, ruling that only the jurisdictional Assessing Officer can file complaints, and penalty proceedings are a mandatory precondition. The judgment reinforces procedural safeguards against arbitrary tax prosecutions, impacting taxpayers and revenue authorities alike.