https://www.taxtmi.com/caselaws?id=255199 The court allowed the petition, quashed the withdrawal of the compounding approval, and revived the initial compounding order. The petitioners were directed to deposit an additional Rs. 5000 along with the compounding fee of Rs. 2192. The appellate authority was instructed to pass an order on the appeal in accordance with the revived compounding approval. The judgment emphasized the importance of adhering to CBDT instructions and exercising judicial discretion to prevent arbitrary prosecution for minor defaults. en-us Thu, 17 Jul 2014 00:00:00 +0530 Fri, 09 Jan 2015 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255199 The court allowed the petition, quashed the withdrawal of the compounding approval, and revived the initial compounding order. The petitioners were directed to deposit an additional Rs. 5000 along with the compounding fee of Rs. 2192. The appellate authority was instructed to pass an order on the appeal in accordance with the revived compounding approval. The judgment emphasized the importance of adhering to CBDT instructions and exercising judicial discretion to prevent arbitrary prosecution for minor defaults. Case-Laws Income Tax Thu, 17 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255199