compounding offences – OnlineTaxUpdate

The Central Board of Direct Taxes (CBDT) has issued a circular containing frequently asked questions (FAQs) regarding the revised guidelines for Compounding of Offences under the Income-Tax Act, 1961, dated October 17, 2024.

Press Release

CBDT issues Revised Guidelines for compounding offences under the Income- tax Act, 1961

byAdmin18/10/202418/10/2024

In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, CBDT has issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the ‘Act’) on 17.10.2024.

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Tag: compounding offences

FAQs on revised guidelines for compounding of offences under I-Tax act

CBDT issues Revised Guidelines for compounding offences under the Income- tax Act, 1961