https://www.taxtmi.com/highlights?id=73820 Compounding of case u/s 279(2) - offences u/s 276C and 277 - Assessee would be entitled to the benefit of Section 279(1A) of the Act and the judgment of Supreme Court in Prem Dass case in view of reduction of penalty from 300% to 100% by the appellate authority, the failure of the appellant to challenge, in our view, would prove fatal, to any attempt by the revenue to contend to the contrary.- HC en-us Thu, 28 Dec 2023 13:35:49 +0530 Thu, 28 Dec 2023 13:35:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73820 Compounding of case u/s 279(2) - offences u/s 276C and 277 - Assessee would be entitled to the benefit of Section 279(1A) of the Act and the judgment of Supreme Court in Prem Dass case in view of reduction of penalty from 300% to 100% by the appellate authority, the failure of the appellant to challenge, in our view, would prove fatal, to any attempt by the revenue to contend to the contrary.- HC Highlights Income Tax Thu, 28 Dec 2023 13:35:49 +0530 https://www.taxtmi.com/highlights?id=73820