https://www.taxtmi.com/acts?id=40127 Section 39 authorises the Regional Director or an authorised officer to compound fine-only offences under the Act by collecting a sum between the statutory minimum and maximum; applications go to the Registrar who forwards them with comments. Compounding precludes prosecution if done before institution, and if after institution the Registrar informs the court and the offender is discharged. Compounding is barred for similar offences by an LLP or its partners within three years of a prior compounding, and authorised officers may require filing of documents or payment of fees; noncompliance doubles the maximum fine. en-us Mon, 16 Aug 2021 17:21:50 +0530 Mon, 16 Aug 2021 17:21:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40127 Section 39 authorises the Regional Director or an authorised officer to compound fine-only offences under the Act by collecting a sum between the statutory minimum and maximum; applications go to the Registrar who forwards them with comments. Compounding precludes prosecution if done before institution, and if after institution the Registrar informs the court and the offender is discharged. Compounding is barred for similar offences by an LLP or its partners within three years of a prior compounding, and authorised officers may require filing of documents or payment of fees; noncompliance doubles the maximum fine. Act-Rules F. Acts / Amendment Acts Mon, 16 Aug 2021 17:21:50 +0530 https://www.taxtmi.com/acts?id=40127