Opportunity to Resubmit Applications for Compounding TDS Offences Granted; No Limitation Period for Such Offences.

Opportunity to Resubmit Applications for Compounding TDS Offences Granted; No Limitation Period for Such Offences. https://www.taxtmi.com/highlights?id=74262 Compounding of the offence committed for failure to pay the Tax Deducted at Source (TDS) - There is no limitation prescribed - Since the applications filed by the petitioner and its Directors are bereft of any details, the petitioner is given a fresh chance to file an amended copy of applications for compounding of the offence explaining the reasons as to why the offences for which they have been prosecuted should not be compounded under Section 279(2) of the IT Act, 1961. - HC en-us Thu, 18 Jan 2024 09:00:04 +0530 Thu, 18 Jan 2024 09:00:04 +0530 TaxTMI RSS Generator Opportunity to Resubmit Applications for Compounding TDS Offences Granted; No Limitation Period for Such Offences. https://www.taxtmi.com/highlights?id=74262 Compounding of the offence committed for failure to pay the Tax Deducted at Source (TDS) - There is no limitation prescribed - Since the applications filed by the petitioner and its Directors are bereft of any details, the petitioner is given a fresh chance to file an amended copy of applications for compounding of the offence explaining the reasons as to why the offences for which they have been prosecuted should not be compounded under Section 279(2) of the IT Act, 1961. - HC Highlights Income Tax Thu, 18 Jan 2024 09:00:04 +0530 https://www.taxtmi.com/highlights?id=74262