https://www.taxtmi.com/caselaws?id=470757 Tax prosecution for alleged wilful evasion and false statements is discussed alongside reassessment for escaped income, admissibility of unauthenticated foreign public documents, and the effect of penalty reduction or waiver on prosecution. The text addresses statutory protection where penalty is reduced or waived, limitation rules for economic offences, and computation of compounding fees under applicable CBDT guidelines. It records that, upon payment of the stipulated compounding fee within the prescribed time, the trial court shall compound the offence. en-us Wed, 05 Mar 2025 00:00:00 +0530 Thu, 06 Aug 2026 19:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470757 Tax prosecution for alleged wilful evasion and false statements is discussed alongside reassessment for escaped income, admissibility of unauthenticated foreign public documents, and the effect of penalty reduction or waiver on prosecution. The text addresses statutory protection where penalty is reduced or waived, limitation rules for economic offences, and computation of compounding fees under applicable CBDT guidelines. It records that, upon payment of the stipulated compounding fee within the prescribed time, the trial court shall compound the offence. Case-Laws Income Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470757