Thursday, January 28, 2021
  • About
  • Reach Us
  • Privacy Policy
  • Disclaimer
STUFF UNKNOWN
No Result
View All Result
  • World
  • Business
  • Automotive
  • Tech
  • Career
  • Entertainment
  • Lifestyle
  • World
  • Business
  • Automotive
  • Tech
  • Career
  • Entertainment
  • Lifestyle
No Result
View All Result
STUFF UNKNOWN
No Result
View All Result
Home Business

Income tax department started faceless penalty scheme, know what will be the responsibilities of its national-regional center

January 13, 2021
in Business
2 min read
0
Income Tax Act 1 Income tax department started faceless penalty scheme, know what will be the responsibilities of its national-regional center Income tax department started faceless penalty scheme, know what will be the responsibilities of its national-regional center
Share on WhatsappShare on FacebookShare on Twitter


After the e-assessment program, the Income Tax Department has also started an e-penalty scheme.

In 2019, the Central Government moved the Faceless Assessment Program (Faceless / E-Assessment Program) to ensure fairness during the process of assessing income taxes. Under this, any case is suddenly given to any field officer of Income Tax Department. Under this arrangement, there is no direct contact between the taxpayers and the officer.

  • January 13, 2021, 10:35 PM IST

new Delhi. The Income Tax Department has started the Faceless Penalty Scheme for cases related to the recommendation of penalties made under the faceless or e-assessment program. The notification issued for the scheme states, ‘Be sure that the order issued after the faceless assessment of the taxable income is confirmed. Before putting penalties on taxpayers, it should also be reviewed at several levels.

What will be the work of National Center and Regional Units
A National Faceless Penalty Center (NFPC) will be created under the scheme. Apart from this, many regional units will also be set up. AFPC will recommend penalties under the Faceless Assessment Initiative. After this, the Regional Unit will accept this recommendation of Penalty. The right to reject this recommendation will also remain with the regional unit. NFPC can also direct the review of the recommendation made by the penalty unit. Apart from this, before issuing final order, NFPC can also make changes in penalty order. At the same time, if you want, you can also cancel the penalty order.

read this also- No more tax evaders! Anyone can complain on the new e-portal of Income Tax DepartmentWhat are the benefits of faceless assessment program

The Income Tax Department had moved the faceless assessment program forward in 2019 to ensure fairness during the process of estimating Income Tax (Income Tax). Under this, any field case is suddenly given to any field officer of Income Tax Department for assessment. At the same time, under this arrangement, there is no direct contact between the taxpayers and the officer. A personal hearing can also be sought under this scheme, which can be allowed by a senior tax official. Later, the Central Government also started the Faceless Appeal Scheme. Now the faceless penalty scheme has also been started in this episode.



READ ALSO

Birthday Lala Lajpat Rai: the man who opened the first indigenous Punjab National Bank

Gold and silver prices remain stable in domestic market cheaper

.

Tags: achsCentral governmentE-assessmentfaceless penalty schemefaceless tax assessmentincome taxIncome Tax DepartmentIncome Tax Penaltynational faceless penalty centerregional faceless penalty centerTax officialsTax payers
SendShareTweet
Previous Post

This weekend any lucky person from India can win $ 750M in Mega Millions or $ 550M in Powerball.

Next Post

Big news for home buyers! Supreme Court rules unilateral conditions imposed on buyers

Related Posts

lala lajpat rai Birthday Lala Lajpat Rai: the man who opened the first indigenous Punjab National Bank Birthday Lala Lajpat Rai: the man who opened the first indigenous Punjab National Bank
Business

Birthday Lala Lajpat Rai: the man who opened the first indigenous Punjab National Bank

January 28, 2021
12
gold b 201020 Gold and silver prices remain stable in domestic market cheaper Gold and silver prices remain stable in domestic market cheaper
Business

Gold and silver prices remain stable in domestic market cheaper

January 28, 2021
11
aadhaar1 You can update Aadhaar Card without any document, these are UIDAI rules You can update Aadhaar Card without any document, these are UIDAI rules
Business

You can update Aadhaar Card without any document, these are UIDAI rules

January 28, 2021
13
Gold bars1 Sensex VS Gold: both took 21 years to reach 50 thousand, know where the highest return was received Sensex VS Gold: both took 21 years to reach 50 thousand, know where the highest return was received
Business

Sensex VS Gold: both took 21 years to reach 50 thousand, know where the highest return was received

January 28, 2021
12
doctor PHOTOS: Healthcare sector demands more from budget 2021, demand for increasing spending on health facilities PHOTOS: Healthcare sector demands more from budget 2021, demand for increasing spending on health facilities
Business

PHOTOS: Healthcare sector demands more from budget 2021, demand for increasing spending on health facilities

January 27, 2021
12
HUL Quarterly results: HUL profit up by 18.9%; Axis Bank profit down by 36% Quarterly results: HUL profit up by 18.9%; Axis Bank profit down by 36%
Business

Quarterly results: HUL profit up by 18.9%; Axis Bank profit down by 36%

January 27, 2021
12
FDI FDI: FDI between Corona increased by 22% from April to November, highest in first eight months of any financial year FDI: FDI between Corona increased by 22% from April to November, highest in first eight months of any financial year
Business

FDI: FDI between Corona increased by 22% from April to November, highest in first eight months of any financial year

January 27, 2021
12
Load More
Next Post
supreme court of india Big news for home buyers!  Supreme Court rules unilateral conditions imposed on buyers Big news for home buyers!  Supreme Court rules unilateral conditions imposed on buyers

Big news for home buyers! Supreme Court rules unilateral conditions imposed on buyers

02 7 Budget 2021: PMFAI's demand to reduce GST on pesticides from 18% to 5% Budget 2021: PMFAI's demand to reduce GST on pesticides from 18% to 5%

Budget 2021: PMFAI's demand to reduce GST on pesticides from 18% to 5%

Discussion about this post

POPULAR NEWS

Indian rAilway NW181 Big news for 40 million users of IRCTC, all your questions will be answered instantly. Big news for 40 million users of IRCTC, all your questions will be answered instantly.

Big news for 40 million users of IRCTC, all your questions will be answered instantly.

January 15, 2021
148
trump twitter cartoon 1 How were the trumped by the law of just 26 words, why the system could not change? How were the trumped by the law of just 26 words, why the system could not change?

How were the trumped by the law of just 26 words, why the system could not change?

January 11, 2021
72
til ki gazak recipe Gazak Recipe: Make Lohri and Makar Sankranti auspicious by eating sesame ghazak Gazak Recipe: Make Lohri and Makar Sankranti auspicious by eating sesame ghazak

Gazak Recipe: Make Lohri and Makar Sankranti auspicious by eating sesame ghazak

January 10, 2021
45
urad dal Urad Dal makes nervous system strong, know its 5 big benefits Urad Dal makes nervous system strong, know its 5 big benefits

Urad Dal makes nervous system strong, know its 5 big benefits

January 13, 2021
31
sirreview b 12 Sir Web Series Review A Soul Stirring Tale Of Emotional Intimacy- Updated Sir Web Series Review A Soul Stirring Tale Of Emotional Intimacy- Updated

Sir Web Series Review A Soul Stirring Tale Of Emotional Intimacy- Updated

January 12, 2021
29
jacwulinebellepost b 14 Jacqueline Fernandez Stunning As A Ballerina Sets Instagram On Fire- Updated Jacqueline Fernandez Stunning As A Ballerina Sets Instagram On Fire- Updated

Jacqueline Fernandez Stunning As A Ballerina Sets Instagram On Fire- Updated

January 14, 2021
28
Money2 rs2000 PFC NCD issue: Government company giving long term huge earning opportunity, read all information including subscription PFC NCD issue: Government company giving long term huge earning opportunity, read all information including subscription

PFC NCD issue: Government company giving long term huge earning opportunity, read all information including subscription

January 15, 2021
28
Load More

EDITOR'S PICK

Adnan Oktar Turkish Muslim Leader Muslim religious leader holding 1,000 girlfriends in Turkey jailed for 1075 years Muslim religious leader holding 1,000 girlfriends in Turkey jailed for 1075 years

Muslim religious leader holding 1,000 girlfriends in Turkey jailed for 1075 years

January 12, 2021
13
Untitled 6 5 Top 5: The rules for buying a new car are changing!  Now you will get to sit at home from FASTag, great news of auto sector Top 5: The rules for buying a new car are changing!  Now you will get to sit at home from FASTag, great news of auto sector

Top 5: The rules for buying a new car are changing! Now you will get to sit at home from FASTag, great news of auto sector

January 25, 2021
14
russia 11 Russia: Protesters take to the streets to release Alexei Navleni, thousands arrested Russia: Protesters take to the streets to release Alexei Navleni, thousands arrested

Russia: Protesters take to the streets to release Alexei Navleni, thousands arrested

January 24, 2021
12
Untitled 5 2 Hindi news - TVS brought this great bike home at an EMI of Rs 1,555, see full offer here- News18 Hindi Hindi news - TVS brought this great bike home at an EMI of Rs 1,555, see full offer here- News18 Hindi

Hindi news – TVS brought this great bike home at an EMI of Rs 1,555, see full offer here- Hindi

January 16, 2021
13
Load More

About

We bring you the Latest News Updates regarding Gadgets, Products, Politics, Finance and lot more to help you Discover the Unknown.

Follow us

Categories

  • Automotive
  • Business
  • Career
  • Entertainment
  • Lifestyle
  • Tech
  • World

Recent Posts

  • The FAU-G game rocked the day of launch! Downloaded over 1 million times, known
  • Birthday Lala Lajpat Rai: the man who opened the first indigenous Punjab National Bank
  • Has the house hit the Atta Market! There is a tremendous variety of food here… – Hindi
No Result
View All Result
  • World
  • Business
  • Automotive
  • Tech
  • Career
  • Entertainment
  • Lifestyle

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.