Prosecution filed without initiation of assessment proceedings upheld. Compounding/Settlement not a natural right

Prosecution filed without initiation of assessment proceedings upheld. Compounding or approaching Settlement Commission not a natural right – Sessions CourtĀ  Faced with the presumption u/s 278E of Income Tax Act,Ā  itĀ  isĀ  forĀ  the accused to lead evidence before the Trial Court and to dispel the presumptionĀ  byĀ  …