Thursday, September 17, 2020

Income tax dept framing rules to enable physical hearing under faceless assessment scheme

“Wherever there is addition proposed - either to income or tax - a showcause notice will be issued and final opportunity will be given to taxpayers and reply will be taken into consideration,” SK Gupta, member of the Central Board of Direct Taxes (CBDT), said during a webinar on Wednesday.

from Economy-News-Economic Times https://ift.tt/2Rz1671

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