https://www.taxtmi.com/circulars?id=68276 Instruction requires that before initiating prosecution for TDS/TCS defaults under 276B/276BB authorities must consider the defence of reasonable cause under 278AA, including voluntary remittance with interest prior to detection. Compounding applications must be prioritised and disposed within CAP timeframes, and senior commissioners and directors must disseminate the clarifications and monitor prosecution and compounding processes to ensure timely and judicious action. en-us Sat, 27 Dec 2014 00:00:00 +0530 Sat, 22 Mar 2025 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68276 Instruction requires that before initiating prosecution for TDS/TCS defaults under 276B/276BB authorities must consider the defence of reasonable cause under 278AA, including voluntary remittance with interest prior to detection. Compounding applications must be prioritised and disposed within CAP timeframes, and senior commissioners and directors must disseminate the clarifications and monitor prosecution and compounding processes to ensure timely and judicious action. Circulars Income Tax Sat, 27 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68276