https://www.taxtmi.com/acts?id=39314 Rectification under the Faceless Penalty Scheme permits the assessee or specified authorities to apply for correction of apparent mistakes; the National Faceless Penalty Centre assigns applications to a penalty unit via automated allocation, issues show-cause notices allowing responses or extensions, and the penalty unit prepares a draft order to rectify or reject the application with reasons, after which the Centre passes a final order and communicates it to the assessee and relevant tax authorities for consequential action under the Act. en-us Thu, 14 Jan 2021 15:29:42 +0530 Sat, 28 May 2022 10:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39314 Rectification under the Faceless Penalty Scheme permits the assessee or specified authorities to apply for correction of apparent mistakes; the National Faceless Penalty Centre assigns applications to a penalty unit via automated allocation, issues show-cause notices allowing responses or extensions, and the penalty unit prepares a draft order to rectify or reject the application with reasons, after which the Centre passes a final order and communicates it to the assessee and relevant tax authorities for consequential action under the Act. Act-Rules Direct Taxes Thu, 14 Jan 2021 15:29:42 +0530 https://www.taxtmi.com/acts?id=39314