Assessees can apply to compound income tax offences anytime, but within 12 months if prosecution is filed.
The application for compounding of offences related to income tax can be filed by the assessee at any time after the offence is committed, irrespective of whether it has been noticed by the department. However, if a prosecution complaint has been filed in court, the application must be submitted within 12 months from the end of the month in which the prosecution complaint was filed.
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