Month: May 2022

Revised Instruction for Taxpayers Grievances from High-Pitched Scrutiny Assessment

Revised Instruction for constitution and functioning of ‘Local Committees to deal with Taxpayers’ Grievances from High-Pitched Scrutiny Assessment CBDT has issued revised instruction for constitution and functioning of ‘Local Committees to deal with Taxpayers’ Grievances from High-Pitched Scrutiny Assessment The Central Board of Direct Taxes (‘CBDT’) had issued …

CBDT amends laws relating to Faceless Income Tax Penalty Scheme

CBDT amends laws relating to Faceless Income Tax Penalty Scheme CBDT has notified the Faceless Penalty (Amendment) Scheme, 2022 and made amendments to its Notification No. 3/2021 dated 12.01.2021. CBDT has issued two notifications namely Notification No. 54/2022 and Notification No. 55/2002 dated 27.05.2022Under the amended provisions/rules, the …