
Income-Tax Prosecution: When It Can Be Launched, and How Compounding Works
In 2026 both Acts rewrote the offence sections — rigorous imprisonment became simple, the mandatory minimum sentence went, seven years became two, and below ₹10 lakh of tax the punishment is a fine. What the Supreme Court has actually held about wilfulness, pending appeals and cancelled penalties, and how compounding works now that every offence is compoundable.
































