General Finance Co. & Anr. vs Commissioner Of Income Tax

Authority: Supreme Court Date: 2002-09-04 AY: 1986-87 Section: 276DD, 6 Acts: Income Tax Act 1961, General Clauses Act 1897, Code of Criminal Procedure 1973, Constitution of India Result: Assessee Citation: (2002) 176 CTR (SC) 569 : (2002) 257 ITR 338 (SC) : (2002) 124 TAXMAN 432 Justices: S. Rajendra Babu & P. Venkatarama Reddi, JJ. Appeal No: Criminal Appeal No. 442 of 1994*
Whether prosecution under Section 276DD of the Income Tax Act 1961 for non-compliance with Section 269SS (accepting deposits exceeding Rs. 10,000 otherwise than by account-payee cheque/draft) can be continued after the omission of Section 276DD w.e.f. 1st April 1989, by invoking Section 6 of the General Clauses Act 1897 --- Held No. Whether omission of a statutory provision is equivalent to repeal for the purposes of Section 6 of the General Clauses Act --- Held No, omission is different from repeal.

šŸ”’ Direct Access Blocked

For your security and to prevent unauthorized automated access, individual judgment links cannot be opened directly. Please access this content via Google Search or the TaxPundit Search Portal.

AI Deep Dive
0/5 selected

Membership Required

Unlock official PDFs for all landmark cases.

JOIN NOW āž”
Shopping Cart