Faceless dispute resolution powers extended: government may continue directing modified or non application of tax provisions for the scheme. The amendment omits the proviso to sub section (14C) of section 144C, removing the cut off restriction and allowing the Central Government to direct that ... Summary
Faceless dispute resolution powers extended: government may continue directing modified or non application of tax provisions for the scheme.
The amendment omits the proviso to sub section (14C) of section 144C, removing the cut off restriction and allowing the Central Government to direct that specified provisions of the Income tax Act shall not apply or shall apply with exceptions, modifications or adaptations to implement a notified faceless scheme for dispute resolution panel directions; this omission takes effect from 1st April, 2025.
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