Benefit of Compounding of Offences under Income Tax Act cannot be denied on ground that Assessee has not been Acquitted of Criminal Charges: Delhi HC [Read Order]

Compounding - Offences - Income Tax Act - Assessee - Criminal Charges - Delhi Highcourt - Taxscan

A two-judge bench of the Delhi High Court has held that the application seeking compounding of the offence under the Income Tax Act, 1961 cannot be rejected on the ground that the petitioner has not been acquitted of the criminal charges. The petitioner, Jai Singh Goel was charged with an offence for not filing income…

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