Insertion of Taxpayer’s Charter in the Act.

It is proposed to insert a new section 119A in the Act to empower the Board to adopt and declare a Taxpayer’s Charter and issue such orders, instructions, directions or guidelines to other income-tax authorities as it may deem fit for the administration of Charter.

This amendment will take effect from 1st April, 2020.

[Clause 64]

Extract of Relevant Clauses of Finance Bill, 2020

Clause 64

“Clause 64 of the Bill seeks to insert a new section 119A so as to empower the Board to adopt and declare a Taxpayer’s Charter and issue such orders, instructions, directions or guidelines to other income-tax authorities as it may deem fit for the administration of such Charter.

This amendment will take effect from 1st April, 2020.”

Extract of Relevant Amendment Proposed by Finance Bill, 2020

64. Insertion of new section 119A. Taxpayer’s Charter.

After section 119 of the Income-tax Act, the following section shall be inserted, namely:––

“119A. The Board shall adopt and declare a Taxpayer’s Charter and issue such orders, instructions, directions or guidelines to other income-tax authorities as it may deem fit for the administration of such Charter.”.

Source- Finance Bill 2020 / Union Budget 2020-21

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