CBDT issues Circular on Frequently Asked Questions (FAQs) relating to Revised Guidelines for Compounding of Offences under Income-Tax Act, 1961 dated 17.10.2024.
The revised Guidelines for Compounding of Offences under the Income-Tax Act, 1961 were issued on October 17, 2024.
Following the issuance of the guidelines, queries were received from stakeholders seeking clarifications on various provisions.
Based on these queries, the CBDT has issued Circular No. 04/2025, dated March 17, 2025, in the form of answers to FAQs.
The FAQs are accessible at the following link on our website: https://