https://www.taxtmi.com/acts?id=11144 The Regional Director or an authorised officer may compound offences punishable with fine only by collecting a sum up to the statutory maximum and not below the statutory minimum. Applications for compounding are filed with the Registrar, who forwards them with comments to the competent officer. Compounding before prosecution bars prosecution; compounding after prosecution requires Registrar notice to the court and discharge of the offender. A three-year bar prevents compounding of repeat offences, and the officer may direct filing of returns or payment of fees; noncompliance permits doubling the maximum fine. en-us Fri, 18 Sep 2009 15:44:49 +0530 Mon, 21 Feb 2022 12:30:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11144 The Regional Director or an authorised officer may compound offences punishable with fine only by collecting a sum up to the statutory maximum and not below the statutory minimum. Applications for compounding are filed with the Registrar, who forwards them with comments to the competent officer. Compounding before prosecution bars prosecution; compounding after prosecution requires Registrar notice to the court and discharge of the offender. A three-year bar prevents compounding of repeat offences, and the officer may direct filing of returns or payment of fees; noncompliance permits doubling the maximum fine. Act-Rules LLP Fri, 18 Sep 2009 15:44:49 +0530 https://www.taxtmi.com/acts?id=11144