Compounding Of Offences Allowed Under IT Act, HC's Inherent Jurisdiction U/S 482 CrPC Cannot Be Invoked For Quashing: Orissa HC

The Orissa High Court held that compounding all kinds of offences under the Income Tax Act is permissible, but inherent jurisdiction under Section 482 of the CrPC cannot be invoked for quashing such cases. The Court clarified that the Income Tax Act provides for the compounding of certain offences, allowing parties to resolve cases by paying fines without going through lengthy criminal proceedings. However, it ruled that invoking Section 482 of the CrPC to quash these offences is not appropriate, as this provision is meant to address different kinds of criminal cases. The ruling highlighted the importance of adhering to the prescribed legal processes for resolving tax-related issues.