Compounding of offences under the Income tax Act, 1961: Revised CBDT Guidelines

In conformity with the Government’s policy of facilitating Ease of Doing Business and decriminalisation of offences, CBDT has taken steps in this direction and issued revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the ‘Act’) dated 16.09.2022 with reference to various offences covered under the prosecution provisions of the Act.

Category: Income Tax Act   Posted on: September 18, 2022