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Case lawSupreme Court › Vijay Krishnaswami v DDIT (Investigation)
Supreme CourtHelps taxpayers.276Cs.279s.132s.245Cs.245Ds.245Hs.245I

Vijay Krishnaswami v DDIT (Investigation)

The Settlement Commission accepted my disclosure. Can the department still prosecute me for evasion?

The Settlement Commission accepted my disclosure. Can the department still prosecute me for evasion?

No. Every order of settlement is conclusive under s.245-I, so where the Commission has recorded full and true disclosure the factual foundation for a wilful attempt to evade under s.276C(1) is gone and continuing the prosecution is an abuse of process. The prosecution was quashed and costs of Rs. 2,00,000 were imposed on the Revenue.

Decided by the Supreme Court (Supreme Court of India (J.K. Maheshwari and Vijay Bishnoi, JJ.)) on 2025-08-28, reported as [2025] 177 taxmann.com 807 (SC)/[2025] 479 ITR 467 (SC); 2025 INSC 1048; Criminal Appeal Nos. 3777 to 3779 of 2025 and Diary No. 7093 of 2024, setting aside the Madras High Court order in Crl. O.P. No. 28763 of 2018 dated 27 November 2023. It bears on section 276C, section 279, section 132, section 245C, section 245D, section 245H, section 245I of the Income Tax Act 1961, in Prosecution and Penalty matters.

Still good law. A Supreme Court judgment of 28.08.2025 reported at (2025) 479 ITR 467 (SC); the itatonline digest records it as reversing the Madras High Court decision at (2025) 479 ITR 442 (Mad). No later adverse treatment was found in the sources I fetched. Where this was checked.

Why it matters

Two things to take from it. First, the Commission's refusal of prosecution immunity does not save the complaint if it has positively recorded full and true disclosure. Second, the Court held the department's own directives — the circular of 24 April 2008, the Prosecution Manual 2009 and the clarification of 9 September 2019, which condition a s.276C(1) prosecution on ITAT confirmation of the penalty above the threshold or Collegium approval — to be binding on its officers, and treated their breach as a serious lapse undermining fairness.

Binding on every court and authority in India.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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