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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Compounding of offence u/s 276C(1) - for compounding of offence ...


Income Tax Offence Compounding Allowed with 100% of Evaded Tax Payment u/s 276C(1) of the Income Tax Act.

January 29, 2020

Case Laws     Income Tax     HC

Compounding of offence u/s 276C(1) - for compounding of offence u/s 276C(1) of the Act, 1961 would be permissible on payment of 100% of the tax sought to be evaded and not 100% of the amount sought to be evaded by the assessee.

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