https://www.taxtmi.com/manuals?id=3423 Compounding fees for income tax offences vary by nature and seriousness: fraudulent concealment fees are a proportion of the recovery avoided; TDS/TCS defaults attract monthly fees (higher on repeat defaults) capped at the TDS/TCS in default with period from deduction to deposit; willful tax evasion attracts elevated rates tied to tax or penalty sought to be evaded and cannot exceed the amount sought to be evaded. Return filing and notice compliance defaults incur daily fees within prescribed bands; falsification and false verification fees track the tax or false entry value with specified minimums; co accused liability is a percentage of the main offence fee. en-us Thu, 07 Dec 2023 14:11:00 +0530 Thu, 07 Dec 2023 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3423 Compounding fees for income tax offences vary by nature and seriousness: fraudulent concealment fees are a proportion of the recovery avoided; TDS/TCS defaults attract monthly fees (higher on repeat defaults) capped at the TDS/TCS in default with period from deduction to deposit; willful tax evasion attracts elevated rates tied to tax or penalty sought to be evaded and cannot exceed the amount sought to be evaded. Return filing and notice compliance defaults incur daily fees within prescribed bands; falsification and false verification fees track the tax or false entry value with specified minimums; co accused liability is a percentage of the main offence fee. Manuals Income Tax Thu, 07 Dec 2023 14:11:00 +0530 https://www.taxtmi.com/manuals?id=3423