https://www.taxtmi.com/acts?id=39441 A new Chapter XIX AA creates Dispute Resolution Committees to resolve disputes from variations in specified assessment orders for taxpayers who opt in and satisfy prescribed conditions; the Committees may reduce or waive penalties and grant immunity from prosecution. The Central Government may notify a scheme to implement the Chapter-reducing direct interface, optimising resources, and introducing dynamic jurisdiction-and may, by notification, modify application of provisions of the Income tax Act for scheme implementation, with such notifications to be laid before Parliament. The Chapter's Explanation limits eligibility by excluding persons subject to certain detention orders, specified criminal prosecutions or convictions, income tax prosecutions, and other prescribed conditions. en-us Mon, 01 Feb 2021 20:09:27 +0530 Thu, 04 Feb 2021 15:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39441 A new Chapter XIX AA creates Dispute Resolution Committees to resolve disputes from variations in specified assessment orders for taxpayers who opt in and satisfy prescribed conditions; the Committees may reduce or waive penalties and grant immunity from prosecution. The Central Government may notify a scheme to implement the Chapter-reducing direct interface, optimising resources, and introducing dynamic jurisdiction-and may, by notification, modify application of provisions of the Income tax Act for scheme implementation, with such notifications to be laid before Parliament. The Chapter's Explanation limits eligibility by excluding persons subject to certain detention orders, specified criminal prosecutions or convictions, income tax prosecutions, and other prescribed conditions. Act-Rules Bills Mon, 01 Feb 2021 20:09:27 +0530 https://www.taxtmi.com/acts?id=39441