Compounding payment deadline: pay the compounding amount to the designated payee by prescribed payment modes after the order. The compounding amount in a compounding order under FEMA must be paid to the designated payee by demand draft or permitted electronic fund transfer (NEFT/RTGS or other online modes) within the timeframe specified in the order; the order will state how the demand draft is to be drawn and deposited and will provide bank account details or electronic transfer instructions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Compounding payment deadline: pay the compounding amount to the designated payee by prescribed payment modes after the order.
The compounding amount in a compounding order under FEMA must be paid to the designated payee by demand draft or permitted electronic fund transfer (NEFT/RTGS or other online modes) within the timeframe specified in the order; the order will state how the demand draft is to be drawn and deposited and will provide bank account details or electronic transfer instructions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
