https://www.taxtmi.com/article/detailed?id=7493 Compounding permits the Commissioner to grant immunity from prosecution on payment of a prescribed compounding amount after payment of tax, interest and penalty; certain offences and persons are excluded, compounding causes abatement of criminal proceedings under the Act, and may be withdrawn if the applicant concealed material particulars or furnished false evidence. The Commissioner's procedure involves application, report from the officer, assessment of cooperation and disclosure, hearing before rejection, and payment within a specified period or voiding of the order. en-us Thu, 06 Jul 2017 08:09:49 +0530 Thu, 06 Jul 2017 08:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7493 Compounding permits the Commissioner to grant immunity from prosecution on payment of a prescribed compounding amount after payment of tax, interest and penalty; certain offences and persons are excluded, compounding causes abatement of criminal proceedings under the Act, and may be withdrawn if the applicant concealed material particulars or furnished false evidence. The Commissioner's procedure involves application, report from the officer, assessment of cooperation and disclosure, hearing before rejection, and payment within a specified period or voiding of the order. Articles Goods and Services Tax - GST Thu, 06 Jul 2017 08:09:49 +0530 https://www.taxtmi.com/article/detailed?id=7493