scorecardresearchIncome Tax department relaxes norms for compounding of offence

Income Tax department relaxes norms for compounding of offence

Updated: 18 Sep 2022, 08:43 AM IST
TL;DR.
The Central Board of Direct Taxes (CBDT) has issued revised Guidelines for Compounding of offences under the Income-tax Act, 1961 with reference to various offences covered under the prosecution provisions of the Act.
The Centre has granted income tax exemption to CERSAI (Photo: iStock)

The Centre has granted income tax exemption to CERSAI (Photo: iStock)