Addressing genuine concerns of assesses while processing cases for TDS/TCS related prosecution under Direct Tax Laws

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .12.2014 To All the Principal Chief Commissioners of Income Tax All the Chief Commissioners of Income Tax All the Directors General of Income Tax Sir/Madam, Sub : Addressing genuine concerns of assesses while processing cases for TDS/TCS related prosecution under Direct Tax Laws I am directed refer to the guidelines/procedure for identification and processing of prosecution cases u/s 27 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Government at all, in addition to the defaults under the category of Tax deducted but deposited beyond the due date prescribed in the Act. 3. A number of representations have been received from various trade bodies, chambers, associations etc. that prosecution proceedings under section 276B/276BB are being initiated indiscriminately without appreciating the reasons for default. 4. Considering t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed an offence(s) under section 276B/276BB files application for compounding of the said offence(s), the compounding application should be processed on a priority basis and mandatorily disposed off within the time frame prescribed by the CAP guidelines. 5. The PCCsIT/CCsIT and DGsIT are requested to ensure wide dissemination of these clarifications w.r.t. guidelines among all officers of their reg .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X