https://www.taxtmi.com/caselaws?id=797009 Delayed remittance of deducted TDS may be compounded where an initially approved application was not paid within time because of bona fide financial constraints, including company liquidation. Deposit of the full compounding amount pursuant to a judicial direction justified extending the payment period until the deposit date and reviving the earlier approval. Rejection of the compounding application was set aside, with the prior compounding approval made effective up to the date of payment, subject to additional costs. en-us Mon, 16 Feb 2026 00:00:00 +0530 Fri, 14 Aug 2026 07:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797009 Delayed remittance of deducted TDS may be compounded where an initially approved application was not paid within time because of bona fide financial constraints, including company liquidation. Deposit of the full compounding amount pursuant to a judicial direction justified extending the payment period until the deposit date and reviving the earlier approval. Rejection of the compounding application was set aside, with the prior compounding approval made effective up to the date of payment, subject to additional costs. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797009