HC upheld initiation of prosecution proceedings as assessee failed to produce evidence of submitting TDS to Govt.

INCOME TAX: Where assessee i.e. Managing Director of 'A' Group of Companies was sought to be prosecuted under section 276B for failure to remit tax deducted at source, in view of fact that a notice was issued to assessee to convey intention of department to treat him as Principal Officer of 'A' Group of companies and, moreover, assessee failed to bring on record any proof showing that amount in question was paid to department after issuance of show-cause notice, there was no infirmity in prosecu

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