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2018 (3) TMI 1362 - HC - Income TaxCompounding of offence under Section 279(2) - application rejected for non-payment of compounding fees within the stipulated time - Held that:- As admittedly the instructions of CBDT dated 16th may, 2008 has not been followed, it would meet the ends of justice to quash and set aside the impugned order dated 26th February, 2015 of the Commissioner of Income Tax. The petitioners' application for compounding is restored to the stage when the order sheet noting on 21st February, 2014 was made by the Commissioner of Income Tax. The Revenue to now take further steps in accordance with law and as per procedure laid down by the CBDT in its above Circular dated 16th May, 2008 i.e. call upon the petitioners to explain the nonpayment of compounding fees within the stipulated time.
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