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2008 (4) TMI 307 - HC - Income TaxPetition against impugned order of Chief CIT rejecting the petition filed for compounding of offence u/s 276C(1)/277 - prosecution has successfully established that there was an act of concealment on the part of the petitioner and had filed its return by concealing facts - it is a clear case of of tax evasion - Contention of petitioner that Chief CIT alone has power to compound an offence and CBDT only had the authority to issue general directions with regard to composition of offences, is rejected – held that Commissioner has to exercise the discretion in conformity with instructions of CBDT - present petition is, hereby, dismissed.
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