https://www.taxtmi.com/caselaws?id=426447 Compounding of an income-tax offence may be considered even while a criminal appeal is pending, where the applicable direct tax compounding guidelines permit such a request. The Court held that compounding is intended to reduce litigation and that a pending appeal can still be a proceeding in which compounding may be pursued. Because the appellate court had not correctly appreciated that legal position, its rejection of the compounding application was set aside and the matter was remitted for fresh consideration in accordance with law. en-us Fri, 08 Jul 2022 00:00:00 +0530 Tue, 16 Aug 2022 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426447 Compounding of an income-tax offence may be considered even while a criminal appeal is pending, where the applicable direct tax compounding guidelines permit such a request. The Court held that compounding is intended to reduce litigation and that a pending appeal can still be a proceeding in which compounding may be pursued. Because the appellate court had not correctly appreciated that legal position, its rejection of the compounding application was set aside and the matter was remitted for fresh consideration in accordance with law. Case-Laws Income Tax Fri, 08 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426447