https://www.taxtmi.com/caselaws?id=49685 Compounding authority under the Income-tax Act extends to offences of making false statements in returns and failure to furnish returns, and compounding may occur before or after institution of proceedings; accordingly, composition by payment under the compounding provision is within tax authorities' power. Where returns and verifications are signed by an agent holding a general power of attorney, principal liability and criminal responsibility depend on factual findings about voluntariness and admission; concurrent findings that the agent's acts bind the principal are dispositive and uphold liability under the relevant offence provisions. en-us Thu, 11 Nov 1954 00:00:00 +0530 Tue, 09 Sep 2014 09:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49685 Compounding authority under the Income-tax Act extends to offences of making false statements in returns and failure to furnish returns, and compounding may occur before or after institution of proceedings; accordingly, composition by payment under the compounding provision is within tax authorities' power. Where returns and verifications are signed by an agent holding a general power of attorney, principal liability and criminal responsibility depend on factual findings about voluntariness and admission; concurrent findings that the agent's acts bind the principal are dispositive and uphold liability under the relevant offence provisions. Case-Laws Income Tax Thu, 11 Nov 1954 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49685