https://www.taxtmi.com/caselaws?id=424057 The Court allowed the writ petitions partially, requiring the petitioners to file applications for compounding within six weeks. The respondents must then decide on compounding. Failure to avail this opportunity within the stipulated time will result in the continuation of prosecution. If compounding is rejected, petitioners may pursue legal remedies. All contentions of both parties are left open. The judgment ensures fairness in allowing the petitioners a chance to compound the offence while upholding legal integrity. en-us Mon, 07 Feb 2022 00:00:00 +0530 Thu, 23 Jun 2022 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424057 The Court allowed the writ petitions partially, requiring the petitioners to file applications for compounding within six weeks. The respondents must then decide on compounding. Failure to avail this opportunity within the stipulated time will result in the continuation of prosecution. If compounding is rejected, petitioners may pursue legal remedies. All contentions of both parties are left open. The judgment ensures fairness in allowing the petitioners a chance to compound the offence while upholding legal integrity. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424057