Relaxation of time-Compounding of Offences under Direct Tax Laws-One-time measure-Extension of Timeline

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..... axes) Room No. 513, 5th Floor, C-Block, Dr. Shyama Prasad Mukherjee Civic Centre, Minto Road, New Delhi -110002. Dated: 03.01.2020 Subject: Relaxation of time-Compounding of Offences under Direct Tax Laws-One-time measure-Extension of Timeline-Reg. Reference is invited to the Circular No. 25/201 .....

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..... ith explanation below sub-section (3) of section 279 of the Act, issues this Circular, whereby para 4.1 (i) of the Circular No, 25/2019 F. No. 285/08/2014-IT(Inv. V)/350 dated 09.09.2019 stands modified as under: Such application shall be filed before the Competent Authority i.e. the Pr. CCIT/CCIT/Pr. DGIT/DGIT concerned, on or before 31.01.2020 . 4. It is cla .....

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