Faceless penalty proceedings u.s. 271.1.c In many cases penalty proceedings can be dropped to save valuable time of taxpayers and tax authorities – a circular of CBDT is this regard is desirable.

Faceless penalty proceedings u.s. 271.1.c In many cases penalty proceedings can be dropped to save valuable time of taxpayers and tax authorities – a circular of CBDT is this regard is desirable. https://www.taxtmi.com/article/detailed?id=9940 Faceless penalty proceedings under section 271(1)(c) often proceed unnecessarily-via omnibus notices, contested legal views, inadvertent mistakes, or minor disallowances-causing harassment when relevant assessment and appeal records already reside on the e filing portal. The faceless scheme can enable authorities to drop unsuitable penalty matters impartially, but current practice of requesting portal documents, imposing short compliance timelines, and requiring burdensome e verification undermines that potential. A CBDT circular is recommended to limit initiation of such penalties, grant faceless officers portal access, allow non e verified uploads, provide reasonable timelines and video hearings, and clarify treatment of penalties during appeals. en-us Fri, 06 Aug 2021 21:55:47 +0530 Fri, 06 Aug 2021 21:55:47 +0530 TaxTMI RSS Generator Faceless penalty proceedings u.s. 271.1.c In many cases penalty proceedings can be dropped to save valuable time of taxpayers and tax authorities – a circular of CBDT is this regard is desirable. https://www.taxtmi.com/article/detailed?id=9940 Faceless penalty proceedings under section 271(1)(c) often proceed unnecessarily-via omnibus notices, contested legal views, inadvertent mistakes, or minor disallowances-causing harassment when relevant assessment and appeal records already reside on the e filing portal. The faceless scheme can enable authorities to drop unsuitable penalty matters impartially, but current practice of requesting portal documents, imposing short compliance timelines, and requiring burdensome e verification undermines that potential. A CBDT circular is recommended to limit initiation of such penalties, grant faceless officers portal access, allow non e verified uploads, provide reasonable timelines and video hearings, and clarify treatment of penalties during appeals. Articles Income Tax Fri, 06 Aug 2021 21:55:47 +0530 https://www.taxtmi.com/article/detailed?id=9940