CBDT releases new I-T compounding guidelines; no relief in criminal black money cases
Business | June 17, 2019 17:50 ISTThe new directives make it clear that compounding of offences is "not a matter of right" and the department can extend such a relief only in certain cases keeping in view factors like "conduct of the person, the nature and magnitude of the offence on the context of the facts and circumstances of each case."