Limitation not prescribed for compounding of offences committed u/s. 279(2)

Jak Communications Private Limited Vs Chief Commissioner of Income Tax (TDS) (Madras High Court)

Madras High Court held that there is no limitation prescribed for compounding of the offences committed by an assessee u/s. 279(2). Thus, there cannot be any restriction/limitation for filing application for compounding of offence contrary to Section 279(2) of the IT Act, 1961.

Facts- The petitioner is aggrieved by the impugned Common Order via which the applications filed by t

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