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Income-Tax department brings out Faceless Penalty Scheme

Posted Date : 14-Jan-2021 , 09:07:02 am | Posted By CASANSAAR print Print
The Income Tax Department has brought out a "faceless penalty scheme" to handle recommendations for penalty issued under its faceless assessment programme.

The scheme notified on Tuesday seeks to ensure that any order arising from faceless assessment of taxable income is fool proof and has undergone multiple layers of review before a penalty is confirmed or dropped.

Category : Income Tax | Comments : 0 | Hits : 532

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