Tag Archives: undisclosed

compounding of Offences in case of undisclosed foreign bank accounts /assets c

CENTRAL BOARD OF DIRECT TAXES LETTER [F.NO.285/90/2013 IT(INV.V)/212], DATED 4-9-2015 Doubts have been expressed by the field formation as to whether offences relating to undisclosed foreign bank accounts /assets could be compounded as per the extant guidelines of the Board dated 23-12-2014. The matter has been examined in consultation with the Special Investigation Team (SIT).… Read More »