Amendment status not verified — confirm the current text below against the official source.
Power to compound offences. ––(1) The 3[Assessing authority] may, at any time, accept from any person, who has committed an offence under section 18, by way of composition of such offence, a sum of money not exceeding one thousand rupees or double the amount of tax involved, whichever is greater. (2) On payment of such sum of money as may be determined under sub- section (1), the 3[Assessing authority] shall, where necessary, report to the Court that the offence has been compounded and thereafter no further proceeding under section 18 shall be taken against the offender in respect of the same offence and the said Court shall discharge or acquit the accused, as the case may be.