https://www.taxtmi.com/caselaws?id=419138 The High Court set aside the rejection of the compounding application under the Income Tax Act for Assessment Years 2008-09 to 2013-14. The Court found the rejection of the review application unjustified as the conviction had been set aside by the Special Judge. It directed a fresh consideration of the compounding application, emphasizing that the delay objection was no longer valid based on a CBDT circular. The Court refrained from deciding on the petitioner's entitlement to compounding, leaving it to the respondent for evaluation. The impugned orders were set aside, and the petition was disposed of without costs. en-us Fri, 25 Feb 2022 00:00:00 +0530 Fri, 04 Mar 2022 08:55:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419138 The High Court set aside the rejection of the compounding application under the Income Tax Act for Assessment Years 2008-09 to 2013-14. The Court found the rejection of the review application unjustified as the conviction had been set aside by the Special Judge. It directed a fresh consideration of the compounding application, emphasizing that the delay objection was no longer valid based on a CBDT circular. The Court refrained from deciding on the petitioner's entitlement to compounding, leaving it to the respondent for evaluation. The impugned orders were set aside, and the petition was disposed of without costs. Case-Laws Income Tax Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419138