CBDT guidelines dated 14th June 2019 is contrary to provisions of section 279(2)

Footcandles Film Pvt. Ltd. Vs ITO (Bomby High Court)

Bombay High Court held that CBDT Guidelines dated 14th June 2019 prescribing time limit for application for compounding of offence is contrary to provisions of section 279(2) of the Income Tax Act.

Facts-

The petitioner, before any demand notice was issued, had voluntarily deposited the entire due Please become a Premium member. If you are already a Premium member, login here to access the full content.