https://www.taxtmi.com/manuals?id=3035 Compounding under Section 41 allows specified officers to compound offences not punishable with imprisonment only, before prosecution, under Central Government supervision; compounding bars subsequent prosecution in respect of that offence. Applications are to be made to the designated officer or to the Secretary, Ministry of Home Affairs in electronic form with the prescribed fee. The compounding authority may require filing or registration of returns, accounts or documents as a condition of compounding, and the penalty on compounding is capped by reference to the value of the foreign contribution received. en-us Tue, 18 Jul 2023 18:18:00 +0530 Tue, 18 Jul 2023 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3035 Compounding under Section 41 allows specified officers to compound offences not punishable with imprisonment only, before prosecution, under Central Government supervision; compounding bars subsequent prosecution in respect of that offence. Applications are to be made to the designated officer or to the Secretary, Ministry of Home Affairs in electronic form with the prescribed fee. The compounding authority may require filing or registration of returns, accounts or documents as a condition of compounding, and the penalty on compounding is capped by reference to the value of the foreign contribution received. Manuals FEMA Tue, 18 Jul 2023 18:18:00 +0530 https://www.taxtmi.com/manuals?id=3035