1. The instant petitions under Section 482 of Code of Criminal Procedure , 19731 have been filed by the Petitioners/Accused Nos.,1 to 3, seeking quashment of proceedings against them in C.C. Nos.31, 32 and 33 of 2018 respectively on the file of the Court of IV Additional District Judge-cum-Special Economic Offences Court, Visakhapatnam for the offence under Section 276- B of the Income Tax Act , 19612.

2. Since the parties in the above three petitions are one and the same, all these petitions are decided by way of common order.

3. The facts leading to the filing of these Petitions are: a. During the assessment years 2014-15, 2015-16 and 2016-17, the Accused has TDS on contract payments, but the same were not credited into Central Government’s account within time. Accused deducted amounts of Rs.32,82,250/-, Rs.21,31,332/- and Rs.10,85,795/- respectively under Sections 192B, 194A, 194C and 194J on different dates and the same were deposited belatedly. Late payment interest of Rs.2,72,841/-, Rs.1,86,743/- and Rs.43,279/- for above assessment years respectively have also been paid under Section 201(1)(a) of the I.T. Act. 1 for short ‘Cr.P.C’ 2 for short ‘I.T.Act’ b. The Accused has