Delhi HC Directs Reconsideration of Income Tax Compounding Application

Sanjiv Gupta Vs Chief Commissioner of Income Tax (Central) & Anr (Delhi High Court) Introduction: The Delhi High Court recently addressed a writ petition filed by Sanjiv Gupta challenging the rejection of his application for compounding offences under Sections 276C(1), 276D, and 277 of the Income Tax Act, 1961, relating to the Assessment Year 2006-07. The petitioner sought relief against the order dated 09.03.2018, as well as the subsequent rejection of his application for rectification on 30.05.2019. Background: The crux of the matter lies in the contention that the petitioner failed to p...