https://www.taxtmi.com/caselaws?id=765789 The SC held that an offence under Section 276CC is committed on the day immediately following the due date for filing income tax returns, not on the actual filing date. The appellant committed offences for AY 2011-12 (due date 30.09.2011, filed 04.03.2013) and AY 2013-14 (due date 31.10.2013, filed 29.11.2014). Both offences occurred before any prosecution notice was issued on 27.10.2014. The AY 2013-14 offence qualified as a "first offence" under 2014 CBDT guidelines, making it eligible for compounding. The SC set aside the HC and Commissioner's rejection orders, directing fresh consideration of the compounding application. en-us Fri, 07 Feb 2025 00:00:00 +0530 Fri, 07 Feb 2025 17:17:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765789 The SC held that an offence under Section 276CC is committed on the day immediately following the due date for filing income tax returns, not on the actual filing date. The appellant committed offences for AY 2011-12 (due date 30.09.2011, filed 04.03.2013) and AY 2013-14 (due date 31.10.2013, filed 29.11.2014). Both offences occurred before any prosecution notice was issued on 27.10.2014. The AY 2013-14 offence qualified as a "first offence" under 2014 CBDT guidelines, making it eligible for compounding. The SC set aside the HC and Commissioner's rejection orders, directing fresh consideration of the compounding application. Case-Laws Income Tax Fri, 07 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765789