2015 (12) TMI 1875 - SCH - Income Tax

Compounding of offences punishable u/s 276B r.w.s.278B - admitted default in deposit of TDS - HELD THAT - Issue notice. There shall be stay of initiation of prosecution. The prayer in respect of other interim reliefs stands rejected.

Summary

The Supreme Court of India issued an order in 2015 (12) TMI 1875 - SC, with Hon'ble Mr. Justice Dipak Misra and Hon'ble Mr. Justice Prafulla C. Pant presiding. The petitioner was represented by Mr. Venkatraman Sr. Adv., Mr. Biju P. Raman, Adv., Mr. Amit Mathur, Adv., Mr. Vishnu Sharma, Adv., and Mr. K.R. Sasiprabhu, AOR. The respondent did not have representation. The court issued notice and granted a stay on the initiation of prosecution, while rejecting the prayer for other interim reliefs.