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of <h1>2019 Guidelines for Compounding Offences Under Direct Tax Laws: Eligibility, Categories, and Procedures Explained</h1> The 2019 guidelines for compounding offences under direct tax laws in India, effective from June 17, 2019, supersede previous instructions. Compounding, not a right, is subject to eligibility conditions and the discretion of authorities, considering factors like conduct and offence magnitude. Offences are categorized into 'A' and 'B' for compounding purposes, with specific conditions for eligibility and restrictions on compounding certain offences. Compounding charges include fees, prosecution, and litigation expenses, with detailed procedures for application, approval, and payment. The guidelines aim to streamline compounding processes, ensuring compliance with the Income Tax Act, 1961.
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