ITO Section 202 | Power to compound offences.—

Text of ITO Section 202

Power to compound offences.

Notwithstanding any provisions of this Ordinance, where any person has committed any offence, the  [Chief Commissioner] may, with the prior approval of the Board, either before or after the institution of proceedings, compound such offence subject to payment of tax due along with [default surcharge]and penalty as is determined under the provisions of this Ordinance.]

Explanation of ITO Section 202

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حَسْبِيَ اللَّهُ لاَ إِلَهَ إِلاَّ هُوَ عَلَيْهِ تَوَكَّلْتُ وَهُوَ رَبُّ الْعَرْشِ الْعَظِيمِ

“Allah is sufficient for me. There is none worthy of worship but Him. I have placed my trust in Him. He is the Lord of the Majestic throne.”