TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government Plans to Extend Faceless Tax Schemes, Removing March 2025 Deadline Under Sections 92CA, 144C, 253, 255</h1> The Central Government aims to modernize the Direct Tax administration by implementing electronic processes to minimize taxpayer interactions with the Department and optimize resource use. Faceless schemes under sections 92CA, 144C, 253, and 255 were introduced to facilitate this transition. Initially, deadlines for these notifications were extended due to implementation challenges, with the latest extension set to March 31, 2025. The proposed amendment seeks to remove this deadline, allowing the government to issue directions beyond March 31, 2025, if necessary. These changes will be effective from April 1, 2025, as part of the Union Budget 2025-26 and Finance Bill, 2025.
TaxTMI 
TaxTMI 