There Can Be No Limitation For Filing Application For Compounding Of Offence Contrary To Sec 279(2) Of I-T Act: Madras High Court

In a recent order dated 13.12.2023, the Honorable High Court of Judicature at Madras, headed by Justice C. Saravanan, addressed the case of M/s. Jak Communications Private Limited and Others vs. Chief Commissioner of Income Tax (TDS) and Others under W.P.Nos. 4855 and 4857 of 2023. The central issue revolved around the rejection of compounding applications filed by the petitioners regarding Tax Deducted at Source (TDS) for the Financial Years…