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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>CBDT extends deadline for compounding offence applications under Income-tax Act to January 31, 2020, easing taxpayer burden.</h1> The Central Board of Direct Taxes (CBDT) has extended the deadline for filing applications for compounding offences under the Income-tax Act, 1961. Originally, applications were to be filed within 12 months of a complaint being lodged in court, with a one-time relaxation until December 31, 2019. Due to requests highlighting taxpayer hardships, the deadline is now extended to January 31, 2020. This extension aims to provide a final opportunity for taxpayers and reduce pending prosecution cases. All other conditions from the previous circular remain unchanged.
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