Compounding of offences for sec 276b

Resp All,

If Prosecution notice has been issued to 3 partners and firm individually... should we have to pay compounding fees 4 times or single would be done for firm.

Thanks in advance,

Parth

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R RAJAGOPALAN (ADVOCATE) 17 October 2012

If there is only a single offence, even though the partners also have been arrayed as defendants,only one compounding fee need be paid, though the Application for Compounding must be common.

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