Director of Company, not being a ‘Principal Officer’, cannot be prosecuted for Failure to file Income Tax Returns: Delhi HC [Read Order]

Director of Company - Principal Officer - Income Tax Returns - Delhi HC - taxscan

A division bench of the Delhi High Court, while considering a complaint against a Company for non-filing of income tax returns, has held that a “Director” cannot be treated as the “Principal Officer” for the purpose of section 2(35)(a) of the Income Tax Act, 1961 and cannot be prosecuted for the offence of failure to…

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