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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Imposition, legality and validity of compounding fee - ...


Court Upholds Compounding Fees for Tax Non-Compliance; Challenges to Fee Reasonableness Not Permitted Under 2014 Guidelines.

January 25, 2018

Case Laws     Income Tax     HC

Imposition, legality and validity of compounding fee - obligations to pay the compounding charges - Guidelines of 2014 - Since an accused may have to suffer severe consequences for non-payment of tax, if he is held to be guilty, it is not open to him to challenge the reasonableness of the same. - HC

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