Rule making power under direct taxes code enables Board to prescribe procedural, electronic filing, appeals, fees and limited retrospective effect. The Board, subject to the Central Government's control, may make rules to carry out the Direct Taxes Code, including rules for ascertainment of income ... Summary
Rule making power under direct taxes code enables Board to prescribe procedural, electronic filing, appeals, fees and limited retrospective effect.
The Board, subject to the Central Government's control, may make rules to carry out the Direct Taxes Code, including rules for ascertainment of income classes, procedures for determining income for specified taxpayers, allowable expenditure, estimation methods where precise amounts cannot be ascertained, forms, fees, electronic filing and verification, authorised receiving agencies, interest calculation, appeals procedure, admission of evidence, registers of practitioners, issuance of tax payment certificates, implementation of double taxation relief agreements, and retrospective effect of rules provided they do not prejudicially affect assessees.
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