R.P.P. Infra Projects Limited has received a Compounding Order under section 279(2) of the Income Tax Act, 1961, from the Chief Commissioner of Income Tax (TDS). This order addresses offences committed under section 276B of the Act for the Financial Years 2018-19 and 2022-23, corresponding to Assessment Years 2019-20 and 2023-24. The delay in remittance of Tax Deducted at Source (TDS) was attributed to reconciliation issues stemming from the non-reflection of remitted amounts in the TRACES portal, which has since been regularized. The compounding fee approved by the Chief Commissioner of Income Tax (TDS) amounts to ₹72,17,793 for FY 2018-19 and ₹15,44,966 for FY 2022-23, totaling ₹87,62,759 (approximately ₹87.63 Lakh). This compounding fee will be accounted for under 'other expenses' in the company's Profit and Loss account for FY 2025-26. The order was received on 27th February 2026.
