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of <h1>Compounding Fees for Tax Offences: Section 276 Fraudulent Removal Fee at 75%, Evading Tax Fee Up to 150%.</h1> Compounding fees for income tax offences vary based on factors like the nature of the offence, duration of default, and outstanding tax liability. For fraudulent property removal under Section 276, the fee is 75% of the thwarted recovery amount. Failure to pay tax deducted at source incurs 2%-3% per month on the first occasion and 5% on subsequent occasions, capped at the default amount. Wilful tax evasion under Section 276C(1) involves fees of 125%-150% of the evaded tax or 100% of the evaded penalty. Other offences, such as failure to file returns or respond to notices, incur daily fees ranging from Rs. 2,000 to Rs. 5,000.
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