SASI ENTERPRISES vs ASSISTANT COMMISSIONER OF INCOME TAX

The Supreme Court addressed the appeals concerning M/s Sasi Enterprises and its partners, J. Jayalalitha and N. Sasikala, for failure to file income tax returns for the assessment years 1991-92, 1992-93, and 1993-94, constituting offences under Section 276 CC of the Income Tax Act, 1961. The Court held that the partners were individually and jointly responsible for the firm's compliance with tax obligations, affirming the dismissal of their discharge petitions under Section 245(2) Cr.P.C. The appeals were dismissed, upholding the lower court's decisions regarding the prosecution of the partners for willful failure to file returns.