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

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