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Mar 18, 2025
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CBDT makes all Income Tax offences compoundable, eases rules for defaulters
All offences under the income-tax law, including cases that involve agencies such as the Enforcement Directorate and the Central Bureau of Investigation, have been made compoundable by competent tax authorities if the applicant is not found to be involved in any anti-national or terrorist activity, the central board of direct taxes (CBDT) said on Monday.
However, if the applicant is found involved in such activities, the offence shall be compounded only with the approval of the CBDT chairman.
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