https://www.taxtmi.com/caselaws?id=775054 The Madras HC allowed a petition challenging rejection of compounding application for tax offences. The court held that compoundable offences retain their right to compounding despite pending criminal prosecution, and administrative guidelines cannot impose time limits beyond statutory provisions. Following precedent in Jayashree vs. CBDT, the court struck down Clause 7(ii) of relevant guidelines as exceeding statutory scope. The HC set aside the respondent's rejection order and remanded the matter, directing the authority to consider the petitioner's compounding application filed on 15.09.2023 on merits and in accordance with law. The decision reinforced that pending criminal cases cannot extinguish statutory compounding rights through administrative time limitations. en-us Wed, 18 Jun 2025 00:00:00 +0530 Fri, 18 Jul 2025 08:22:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775054 The Madras HC allowed a petition challenging rejection of compounding application for tax offences. The court held that compoundable offences retain their right to compounding despite pending criminal prosecution, and administrative guidelines cannot impose time limits beyond statutory provisions. Following precedent in Jayashree vs. CBDT, the court struck down Clause 7(ii) of relevant guidelines as exceeding statutory scope. The HC set aside the respondent's rejection order and remanded the matter, directing the authority to consider the petitioner's compounding application filed on 15.09.2023 on merits and in accordance with law. The decision reinforced that pending criminal cases cannot extinguish statutory compounding rights through administrative time limitations. Case-Laws Income Tax Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775054