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High Court Considers Compounding Offense u/s 276CC for Failing to File Tax Returns; Opportunity for Resolution Suggested.

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....Offence u/s 276CC - sanction u/s 279(1) for launching prosecution u/s 276CC - offence alleged is compoundable or not? - Evasion of tax - concealment of taxable income - if one more opportunity is granted and compounding is permitted no prejudice would be caused to the Department. - HC....

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