https://www.taxtmi.com/highlights?id=56305 The Faceless Penalty Scheme 2021 aims to enhance transparency and efficiency in income tax proceedings by utilizing technology. This scheme eliminates the need for physical interaction between taxpayers and tax authorities, thereby reducing bias and ensuring fair treatment. It streamlines the process of imposing tax penalties, making it more systematic and consistent. The initiative is part of broader efforts to modernize the tax administration system, improving accountability and trust in tax processes. en-us Wed, 13 Jan 2021 12:15:44 +0530 Wed, 13 Jan 2021 12:15:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56305 The Faceless Penalty Scheme 2021 aims to enhance transparency and efficiency in income tax proceedings by utilizing technology. This scheme eliminates the need for physical interaction between taxpayers and tax authorities, thereby reducing bias and ensuring fair treatment. It streamlines the process of imposing tax penalties, making it more systematic and consistent. The initiative is part of broader efforts to modernize the tax administration system, improving accountability and trust in tax processes. Highlights Income Tax Wed, 13 Jan 2021 12:15:44 +0530 https://www.taxtmi.com/highlights?id=56305