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>Income Tax Bill 2025 Clause 532 enables government to create faceless technology-driven tax schemes without time limits</h1> The Income Tax Bill 2025's Clause 532 empowers the Central Government to frame schemes for any purpose under the Act, aiming to eliminate taxpayer-authority interface through technology and optimize resources via functional specialization. Unlike Section 264B of the 1961 Act, which was limited to appellate orders with a sunset clause, Clause 532 has broader scope without time limitations. The provision allows modification of statutory provisions through notifications, subject to parliamentary oversight. It ensures continuity by permitting amendment of existing schemes from the 1961 Act, representing a permanent shift toward faceless, technology-driven tax administration focused on efficiency, transparency, and accountability.
TaxTMI 
TaxTMI 