Taxmann’s Analysis | Understanding RBI's Stance on Compromise Settlements & Write-offs
About this ebook
On June 20, to help elucidate the guidelines set out in the 'Framework for Compromise Settlements and Technical Write-offs' circular, which was originally issued on June 8, 2023, the RBI released a comprehensive Frequently Asked Questions (FAQs) document. This was designed to address key questions and provide clarity on the intricacies of the framework.
This article sets out to undertake an in-depth analysis to evaluate the potential impact of the RBI's position on 'compromise settlements and technical write-offs'.
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