https://www.taxtmi.com/news?id=37923 Revised guidelines on compounding of offences under the Income Tax Act supersede prior guidance and apply to pending and new applications. They remove offence categorization, eliminate limits on application counts, permit fresh applications after curing defects, include additional offences within compounding scope, and remove the prior fixed filing time limit. CBDT Circular No. 04/2025 provides FAQ clarifications on scope, eligibility, filing modes, fee payment, compounding terms and charges, payment procedures and timelines, and is available on the Income Tax Department website. en-us Thu, 20 Mar 2025 13:18:08 +0530 Thu, 20 Mar 2025 13:18:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37923 Revised guidelines on compounding of offences under the Income Tax Act supersede prior guidance and apply to pending and new applications. They remove offence categorization, eliminate limits on application counts, permit fresh applications after curing defects, include additional offences within compounding scope, and remove the prior fixed filing time limit. CBDT Circular No. 04/2025 provides FAQ clarifications on scope, eligibility, filing modes, fee payment, compounding terms and charges, payment procedures and timelines, and is available on the Income Tax Department website. News - Thu, 20 Mar 2025 13:18:08 +0530 https://www.taxtmi.com/news?id=37923