JUDGEMENT
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(1.)This Criminal Petition is filed by the petitioners under Sec. 482 of the Code of Criminal Procedure to quash the proceedings against them in C.C.No.36 of 2018, on the file of theSpecial Judge for
Economic Offences at Visakhapatnam, for the alleged offences under
Sec. 276-B read with 278-B(1) and (2) of the Income Tax Act-1961
(in short "the Act").
(2.)This Court has heard Sri Sathakarni. K, learned counsel for the petitioners and Smt. M. Kiranmayi, learned standing counsel for the
Income Tax Department.
(3.)The petitioners claim to be independent / non-executive Directors of Bio Ethanol Agro Industries Ltd.,-Accused No.1. As per
the said complaint an amount of Rs.6,29,018.00 was not remitted
towards TDS to the Central Government's account. Therefore,
claiming the said amount and penalty,a private complaint was filed
in the Court of the Special Judge for Economic Offences at
Visakhapatnam. Questioning the same, the present petition is filed
under Sec. 482 of Cr.P.C.
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