WebApr 13, 2024 · The Faceless Assessment Scheme is one of the biggest Direct Tax reforms in India based on Key Principles of Efficiency, Transparency and Accountability. The Income … Web1 day ago · The GST Act’s section 15 provisions do not mandate valuation based on visual estimation Fact and issue of the case. The present petition has been filed challenging the order dated 29.01.2024 whereby tax of Rs.26,10,000/- has been assessed to be payable by the petitioner and penalty of Rs.26,10,000/- and further fine of Rs.25,000/-, total …
Tax cuts sail through House, would change capital gains and …
WebSep 29, 2024 · To eliminate physical interface between tax officials and taxpayers, the income tax department made its appeals systems anonymous with immediate effect to … WebFeb 4, 2024 · Faceless ITAT For ease of compliance and to reduce discretion, we are committed to make the taxation processes faceless. The Government has already … grounded mixer map
Income Tax Law: Faceless Assessment Scheme 2024 - BQ Prime
WebJan 12, 2024 · Faceless Assessments u/s 144B of the Income-tax Act as amended by the Finance Acts 2024 & 2024 Newly substituted Faceless Appeal Scheme, 2024 legislated w.e.f. 28.12.2024 Faceless Penalty Scheme, 2024 incorporated w.e.f. 12.01.2024 & substituted with Faceless Penalty (Amendment) Scheme, 2024 WebAug 7, 2024 · Faceless assessment, or e-assessment, was launched in 2024 to streamline tax administration, minimise physical interface from taxmen, increase accountability and … Web2 days ago · Income from a job assignment in Indonesia cannot be deemed a global income for the purposes of Indian taxation Fact and issue of the case. The appeal has been preferred by the Assessee against the order dated 27.02.2024 of Ld. Commissioner of Income Tax (Appeals), Faridabad (hereinafter referred as Ld. filler chips