https://www.taxtmi.com/acts?id=22650 Compounding of offences is subject to a prescribed floor and ceiling. The lower limit equals the greater of 50% of the tax involved or a fixed minimum amount, and the upper limit equals the greater of 150% of the tax involved or a fixed maximum amount; these dual comparisons set the permissible compounding range. en-us Thu, 22 Sep 2016 18:42:08 +0530 Thu, 22 Sep 2016 18:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22650 Compounding of offences is subject to a prescribed floor and ceiling. The lower limit equals the greater of 50% of the tax involved or a fixed minimum amount, and the upper limit equals the greater of 150% of the tax involved or a fixed maximum amount; these dual comparisons set the permissible compounding range. Act-Rules Bills Thu, 22 Sep 2016 18:42:08 +0530 https://www.taxtmi.com/acts?id=22650