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CBDT launches one-time facility for compounding of income tax offences

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Press Trust of India New Delhi
Last Updated : Sep 11 2019 | 9:05 PM IST

A one-time facility to apply for compounding of income tax offences has been launched and taxpayers can avail this opportunity by December 31, a latest CBDT directive said.

It said this "one-time measure" is being undertaken to mitigate unintended hardship to taxpayers in deserving cases and to reduce the pendency of existing prosecution cases before the courts."
The CBDT circular added that application for compounding of an income tax offence can be filed in cases where:

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First Published: Sep 11 2019 | 9:05 PM IST

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