Income Tax: The CBDT released Guidance Note 2/2024 modifying the FAQ on eligibility of cases and incorporating various FAQs on Set-aside appeal, prosecution, Computation of Amount payable, Disputed Penalty, APA/MAP Cases, Taxes paid before filing declaration, TDS related queries(18.12.2024)

Income Tax:

The CBDT released Guidance Note 2/2024 modifying the FAQ on eligibility of cases and incorporating various FAQs on Set-aside appeal, prosecution, Computation of Amount payable, Disputed Penalty, APA/MAP Cases, Taxes paid before filing declaration, TDS related queries etc.

Circular No. 19 OF 2024 dated 17.12.24