Compounding of tax offences: guidelines set eligibility, exclusions, procedural steps and a detailed fee framework. Guidelines establish a discretionary compounding regime under the Income-tax Act: offences are classified into Category 'A' and 'B' with certain sections non-compoundable; applicants must file a prescribed affidavit, pay outstanding tax, interest and penalties before filing (with verification cure provisions), undertake to pay compounding charges and withdraw related appeals; time limits and restricted relaxations apply; a competent authority/Committee framework and detailed procedural steps control consideration, order-making and payment; compounding charges combine fee, prosecution establishment and litigation expenses with specific fee formulas for different offences.
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Provisions expressly mentioned in the judgment/order text.
Compounding of tax offences: guidelines set eligibility, exclusions, procedural steps and a detailed fee framework.
Guidelines establish a discretionary compounding regime under the Income-tax Act: offences are classified into Category 'A' and 'B' with certain sections non-compoundable; applicants must file a prescribed affidavit, pay outstanding tax, interest and penalties before filing (with verification cure provisions), undertake to pay compounding charges and withdraw related appeals; time limits and restricted relaxations apply; a competent authority/Committee framework and detailed procedural steps control consideration, order-making and payment; compounding charges combine fee, prosecution establishment and litigation expenses with specific fee formulas for different offences.
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