Friday, September 4, 2020

I-T dept prepares to implement faceless income tax appeals from September 25: Finance secretary

The department is studying whether cases of penalty and transfer pricing could be included in the faceless regime, he said when asked about procedures for transfer pricing and penalties. He added that pending appeals, cases will be resolved without direct interaction with the tax authorities, with a technical unit to help the appellate officer.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3h1RPie

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