PRATAP SINGH
K. Palanisamy – Appellant
Versus
State: (Inspector of Police), Hasthampatty Police Station (Law and Order), Salem – Respondent
1. The accused in Crime No.479 of 1991 on the file of respondent police station has filed this petition under Sec.482, Cr.P.C, praying to call for the records in the aforesaid Crime No.479 of 1991 and quash the same.
2. The respondent has registered case in Crime No.479of 1991. The First Information Report was given by one P.Dhanasekaran. The allegations in that First Information Report are briefly as follows:
The financial enterprises under the name and style of Vazhge Vaiyagam Enterprises and Vazhge Valamudan Enterprises are in existence in Salem for six months. They are bringing the idea to the public that if they deposit Rs.2,000 it will be refunded on 15th day with an interest of Rs.600. They would have given Rs.60 crores by way of interest and Rs.150 crores by way of principal. They should have deducted tax at the source at the time of disbursement as per the provisions of Income Tax Act. But they have not done it. So they are punishable under Sec.269-SS and 269-1 of Income Tax Act, 1961. These financial enterprises are run by government employees and public sector employees without getting necessary permissions from the Government. They have neither obtained permi
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