https://www.taxtmi.com/caselaws?id=448738 The HC quashed the impugned order rejecting the petitioner's compounding application for being untimely, directing the first respondent to reconsider the application on its merits within one month. The Court found the conclusions in the order unsustainable, noting the absence of a specific limitation period under Section 279 of the Income Tax Act, 1961. No costs were imposed. en-us Tue, 23 Jan 2024 00:00:00 +0530 Fri, 12 Jul 2024 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448738 The HC quashed the impugned order rejecting the petitioner's compounding application for being untimely, directing the first respondent to reconsider the application on its merits within one month. The Court found the conclusions in the order unsustainable, noting the absence of a specific limitation period under Section 279 of the Income Tax Act, 1961. No costs were imposed. Case-Laws Income Tax Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448738