Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>CBDT Revises Guidelines: Litigation Expenses Added to Prosecution Costs in Compounding Offences Under Direct Tax Laws</h1> The circular issued by the Central Board of Direct Taxes (CBDT) addresses modifications to the guidelines on compounding of offences under Direct Tax Laws. Specifically, it revises paragraph 10 of the guidelines issued in 2008, which concerns prosecution establishment expenses. Previously, these expenses were charged at 10% of the compounding fee, with a minimum of Rs. 10,000 and a maximum of Rs. 50,000. The updated guidelines now include litigation expenses, which will be the fees paid or payable to the prosecution counsel up to the date of compounding, in addition to the existing prosecution establishment expenses.