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of <h1>New Directive: Taxpayers Must Pay Additional Fees for Departmental Efforts in Compounding Offences Under Income Tax Act 1961.</h1> The circular outlines a directive regarding the compounding of offences under the Income-tax Act, 1961. Previously, no payment was required from taxpayers for prosecution establishment expenses, only for compounding fees and litigation costs. The directive mandates that taxpayers should now also compensate for the departmental efforts in processing cases by paying additional fees. The fees are structured based on the amount involved: Rs. 5,000 for amounts up to Rs. 50,000, Rs. 10,000 for amounts between Rs. 50,000 and Rs. 1 lakh, Rs. 15,000 for amounts between Rs. 1 lakh and Rs. 5 lakhs, and Rs. 20,000 for amounts above Rs. 5 lakhs.
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