CBDT fixes Vivad Se Vishwas Scheme target for field officers as 100% disputed tax demand cases fulfilling eligibility condition
The Direct Tax Vivad Se Vishwas Bill, 2020 has been introduced in the Parliament. The scheme will come in force after enactment of the Bill.
Earlier CBDT had conveyed that the performance of field officers in respect of ‘Vivad Se Vishwas Scheme‘ shall be an essential factor in finalising their Annual Performance Appraisal Reports (APARs) and shall also be an important factor in determining their future postings.
Accordingly , CBDT has fixed the targets to be achieved by the field officers in respect of ‘Vivad Se Vishwas Scheme’
To assess the performance of the field officers, the target has been fixed at 100% of the cases with disputed tax demand which fulfil the eligibility conditions under the said scheme.
Penalty u/s 271B is not attracted in a case where books of account have not been maintained In a recent…
NALCO invites RFP for empanelment of Chartered Accountant Firms for verification of Stores/Spares and movable assets. NALCO has invited Request…
Sending or bringing currency of Nepal and Bhutan - RBI revises exiting regulations RBI has notified the Foreign Exchange Management…
Entire manufacturing process though by distinct units relevant for exemption from excise duty on account of manufacture without aid of…
High Court condoned delay in filing Form 10B as the failure was in the 1st Year of operation of the…
Penalty u/s 270A quashed as there was no satisfaction in the penalty order on what exactly was under reporting of…