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Bombay High Court

Maxtone Electronics Pvt Ltd vs Income Tax Officers on 25 September, 2023

Author: Sarang V. Kotwal

Bench: Sarang V. Kotwal

   Gokhale                                    1 of 3                             7-apl-1189-23


             IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                   CRIMINAL APPELLATE JURISDICTION

                 CRIMINAL APPLICATION NO. 1189 OF 2023

 Maxtone Electronics Pvt. Ltd. & Anr.                                   ..Applicant.
      Versus
 Income Tax Officer (TDS) 1(3)-4 & Ors.                                 ..Respondents

                              __________
 Mr. Sham Walve a/w. Mr. Sameer G. Dalal for Applicants.
 Mr. Akshit Kothari i/b. Mahesh Rajpopat for Respondent No.1.
 Mr. Arfan Sait, APP for State/Respondent No.3.
                              __________

                                  CORAM : SARANG V. KOTWAL, J.
                                  DATE : 25 SEPTEMBER 2023
 PC :

 1.            The Applicants have challenged the order dated

 19.11.2019 passed by the Additional Chief Judicial Magistrate, 38 th

 Court, Ballard Pier, Mumbai, in C.C.No.374/SW/2019, issuing

 process against the applicants for commission of offence

 punishable U/s.276B r/w. Section 278B of the Income Tax Act,

 1961.


 2.            Heard Mr. Sham Walve, learned counsel for the

 Applicants,         Mr.       Akshit   Kothari,   learned         counsel        for     the

 Respondent No.1 and Mr. Arfan Sait, learned APP for the




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 State/Respondent No.3.


 3.            The complaint is filed by the Respondent No.1. It is

 mentioned in the complaint that, during the financial year 2010-

 2011 relevant to the Assessment year 2011-2012, the applicants

 deducted amount of Rs.2,40,04,159/- by way of TDS, but it was

 not credited to the Government. The allegations are that,

 Rs.2,05,90,646/- were deposited up to 12 months and the other

 amount was deposited after 12 months and, therefore, this

 prosecution was launched.


 4.            Learned counsel for the Applicants submitted that the

 complaint itself mentions that the amount of TDS along with

 interest was already paid by the applicants much before launching

 of the prosecution in the year 2019 and importantly much before

 detection of non payment of TDS. He relied on the circular dated

 27.12.2014 issued by the Ministry of Finance, Government of

 India. He relied on Clause 4(i) which reads thus:-


              "Section 278AA of the Act provides that for the
              purposes of section 276B, no person shall be
              punishable for any failure referred to in the said
              provision if he proves that there was a reasonable




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              cause for such failure. The fact that the deductor has
              remitted the money with interest before detection
              may be taken note of amongst other submission of
              the defaulter while deciding to launch prosecution.
              While processing the cases for prosecution u/s.
              276B / 276BB a fair and judicious view should be
              taken in view of the provisions of section 278AA
              before filing of complaints."



 5.            Considering these submissions, it is necessary to hear the

 other side. Mr. Akshit Kothari, learned counsel appears for the

 Respondent No.1 and he seeks time to file Affidavit in reply.

 Learned counsel for the applicants has made out a case for grant of

 ad-interim relief.


 6.            Hence, the following order:


                                               ORDER

i) Issue Notice to the Respondents, returnable on 19.12.2023.

ii) Stand over to 19.12.2023.

iii) Till then, there shall be ad-interim relief in terms of prayer clause (c).

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