https://www.taxtmi.com/caselaws?id=338305 Once permission to compound had been granted and tax was paid under that arrangement, the assessee could not resile from the compounding scheme as a matter of right. However, penalty proceedings could not stand on a footing of evasion where the matter required consideration as a case of non-payment or default in payment. The penalty orders were therefore set aside for fresh consideration after giving the assessee an opportunity to be heard, while the challenge to withdrawal from compounding failed. en-us Fri, 20 Jan 2017 00:00:00 +0530 Wed, 01 Feb 2017 08:40:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338305 Once permission to compound had been granted and tax was paid under that arrangement, the assessee could not resile from the compounding scheme as a matter of right. However, penalty proceedings could not stand on a footing of evasion where the matter required consideration as a case of non-payment or default in payment. The penalty orders were therefore set aside for fresh consideration after giving the assessee an opportunity to be heard, while the challenge to withdrawal from compounding failed. Case-Laws VAT and Sales Tax Fri, 20 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338305