https://www.taxtmi.com/circulars?id=9685 Levy of prosecution establishment expenses depends on the computed compounding fees, not the number of years in default; a fixed expense applies when compounding fees fall below the specified threshold. Expenses are chargeable even if no prosecution is launched and must be imposed before compounding orders issued, except where compounding approval or payment preceded the effective date, in which case expenses need not be charged. en-us Wed, 09 Jul 1986 00:00:00 +0530 Tue, 11 Mar 2025 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9685 Levy of prosecution establishment expenses depends on the computed compounding fees, not the number of years in default; a fixed expense applies when compounding fees fall below the specified threshold. Expenses are chargeable even if no prosecution is launched and must be imposed before compounding orders issued, except where compounding approval or payment preceded the effective date, in which case expenses need not be charged. Circulars Income Tax Wed, 09 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9685