CBDT issues new guidelines for compounding of offences
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In the light of various references received from the field formation from time to time, existing guidelines on compounding of offences under Income-tax Act, 1961 (the Act) have been reviewed and in supersession of the same, including the guidelines issued vide F.No. 285/90/2008-IT(Inv.)/12 dated 16 thMay 2008, the following guidelines are issued for compliance by all concerned.
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