https://www.taxtmi.com/article/detailed?id=415 The Bill amends compounding under Section 9A to prescribe the manner of compounding and excludes certain persons and circumstances-those previously compounded for specified Section 9(1) offences, persons accused under narcotics law, and cases involving goods above a high value threshold. It adds Chartered Accountants as eligible nominees for special audits under Sections 14A/14AA, broadens the Authority for Advance Ruling by permitting a notified Income Tax authority (with a customs and central excise member) to act for advance rulings and transfer pending matters, empowers High Courts to condone delay in appeals/applications under Sections 35G/35H retrospectively, and validates specified past notifications retrospectively while empowering rulemaking on compounding. en-us Sun, 12 Jul 2009 00:00:00 +0530 Sun, 12 Jul 2009 23:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=415 The Bill amends compounding under Section 9A to prescribe the manner of compounding and excludes certain persons and circumstances-those previously compounded for specified Section 9(1) offences, persons accused under narcotics law, and cases involving goods above a high value threshold. It adds Chartered Accountants as eligible nominees for special audits under Sections 14A/14AA, broadens the Authority for Advance Ruling by permitting a notified Income Tax authority (with a customs and central excise member) to act for advance rulings and transfer pending matters, empowers High Courts to condone delay in appeals/applications under Sections 35G/35H retrospectively, and validates specified past notifications retrospectively while empowering rulemaking on compounding. Articles Central Excise Sun, 12 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=415