Income Tax : Faceless Appeal Scheme, 2020 under Income Tax Act 1961. was notified by the Ministry of Finance on 25th. September 2020. To empowe...
Income Tax : The CBDT is launching the Faceless Assessment in various direct & indirect tax procedures from today as announced earlier ...
Income Tax : In the series of tax reforms, the Prime Minister Narendra Modi has on 13th August, 2020 announced some reformative measure during ...
Income Tax : Much has been said about the process as to how faceless e-assessments will happen from now onwards. Paper submissions and resubmis...
Income Tax : Introduction ♠ The Hon’ble PM Shri Narendra Modi dreamed of corruption free India taking help of Information and Technology an...
Income Tax : Explore Income Tax Department's Taxpayer's Charter 2020, detailing its vision, mission, and service standards. Learn about obligat...
Income Tax : Article explains Differences between current scheme & Faceless Assessment scheme, Constitution of ReACS, Consequences of No Re...
Income Tax : On 13th August 2020, Honourable Prime Minister Narendra Modi has enunciated a platform to tribute the honest taxpayers of the...
Income Tax : The CBDT has carried out several major tax reforms in direct taxes in the recent years, which includes the following: (i) Reductio...
Income Tax : ईमानदार करदाताओं को प्रोत्साहन और कर प्रणाली में...
Income Tax : Faceless Appeal Scheme has been implemented in ITBA and the allocation of cases to Faceless Appeal units is under progress. A numb...
Income Tax : With the launch of the Faceless Appeal Scheme, 2020, the Income Tax Department is moving towards minimal interface with maximum go...
Income Tax : Central Board of Direct Taxes (CBDT) notifies Income-tax Authorities of Regional Faceless Appeal Centres (RFAC) vide Notification ...
Income Tax : Central Board of Direct Taxes (CBDT) notify the Income-tax Authorities of National Faceless Appeal Centre (NFAC) vide Notification...
Income Tax : The Income Tax Department today launched Faceless Income Tax Appeals. Under Faceless Appeals, all Income Tax appeals will be final...
Explore Income Tax Department’s Taxpayer’s Charter 2020, detailing its vision, mission, and service standards. Learn about obligations, expectations, and service delivery for a fair and transparent tax system.
Faceless Appeal Scheme has been implemented in ITBA and the allocation of cases to Faceless Appeal units is under progress. A number of requests have been received from the field formation for opening of the Appeal module in ITBA to enable the CIT (Appeals ) to upload the physical records and submissions made by the appellant in the system so that the faceless Appeal units don’t have to request the same again from the tax payers.
With the launch of the Faceless Appeal Scheme, 2020, the Income Tax Department is moving towards minimal interface with maximum governance. In order to effect the same, the National Faceless Appeal Centre (hereafter referred to as NFAC), Delhi has been created under Principal Chief Commissioner of Income-tax (NFAC) and 4 Regional Faceless Appeal Centres (hereinafter referred to as RFACs) under Chief Commissioner of Income-tax, (RFAC) at 4 centres,
Faceless Appeal Scheme, 2020 under Income Tax Act 1961. was notified by the Ministry of Finance on 25th. September 2020. To empower the income tax department in conducting faceless assessments till the disposal of faceless Appeals the Government is taking various initiatives/steps by changing the existing processes/procedures via a continuous series of notifications and office […]
The CBDT is launching the Faceless Assessment in various direct & indirect tax procedures from today as announced earlier as promulgated by Prime Minister Narendra Modi as the income-tax appeals are all set to go faceless from Friday. Further, the income tax department has already enunciated PAN-India faceless assessment facilities for all taxpayers from August 13. The Centre hopes that the faceless system will […]
Central Board of Direct Taxes (CBDT) notifies Income-tax Authorities of Regional Faceless Appeal Centres (RFAC) vide Notification No. 81/2020-Income Tax dated 25th September, 2020. Ministry Of Finance (Department Of Revenue) (Central Board of Direct Taxes) Notification No. 81/2020-Income Tax New Delhi, The 25th September, 2020 S.O. 3309(E).—In exercise of powers conferred by sub-sections (1) and […]
Central Board of Direct Taxes (CBDT) notify the Income-tax Authorities of National Faceless Appeal Centre (NFAC) vide Notification No. 80/2020-Income Tax dated 25th September, 2020. Ministry Of Finance (Department Of Revenue) (Central Board of Direct Taxes) Notification No. 80/2020-Income Tax New Delhi, The 25th September, 2020 S.O. 3308(E).-—In exercise of powers conferred by sub-sections (1) […]
The Income Tax Department today launched Faceless Income Tax Appeals. Under Faceless Appeals, all Income Tax appeals will be finalised in a faceless manner under the faceless ecosystem with the exception of appeals relating to serious frauds, major tax evasion, sensitive & search matters, International tax and Black Money Act. Necessary Gazette notification has also been issued today.
CBDT authorises the Assistant Commissioner/Deputy Commissioner of Income-tax (National e-Assessment Centre) for the purpose of issuance of notice under sub section (2) of section 143 of the Income Act, 1961.vide Notification No. 79/2020-Income Tax dated 25th September, 2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 79/2020-Income Tax New Delhi, […]
CBDT amends Notification No. 51/2014 dated 22nd October, 2014 vide Notification No. 78/2020-Income Tax dated 25th September, 2020 related to jurisdictions of Principal CITs & CCITs. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 78/2020-Income Tax New Delhi, the 25th September, 2020 S.O. 3303(E).—In exercise of the powers conferred under […]