Guidelines for compounding of offence under Direct Tax Laws Clarification

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..... as modified by appeal / revision / rectification etc. provided such revised order has become final. This is based on the rationale that if the assessment and/ or tax payable has been revised as a result of any subsequent order the tax computed in original assessment gets modified to that extent. It is therefore reiterated that while sending the compounding proposals for approval of the Board, the .....

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..... cable, Above amendments shall be applicable to future as well as to cases pending at any stage. However, the offences already compounded shall not be reconsidered, These amendments shall apply mutates mutandis to offences under the other Direct Tax Laws also. These amendments may be brought to all concerned and be given wide publicity
Circular, Trade Notice, Public Notice, Instructionsor Offi .....

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