Application for Compounding Offences u/s 276C(1) and 277 of Income Tax Act Rejected on Non-Filing of Complete Bank Statement: Delhi HC directs to Consider Application [Read Order]

The Delhi High Court directed to consider the application for compounding offences under sections 276C(1) and 277 of the Income Tax Act, 1961 which was rejected on non-filing of a complete bank statement.                                                                              The petitioner Sanjiv Gupta challenged the order passed by respondent no.1 under Section 279(2) of the Income Tax…