Faceless Appeal Scheme 2021 notified by CBDT
CBDT has notified revised Appeal Scheme 2021. Earlier, CBDT had notified the Faceless Appeal Scheme 2020 vide notification number S.O. 3296(E) dated 25th September 2020 and S.O. 3297(E) dated 25th September 2020
The Faceless Appeal Scheme 2021 prescribes the following procedures:
Disposal of appeal
Penalty proceedings
Rectification Proceedings
Appellate Proceedings before ITAT
Mode of Exchange of communicationÂ
Authentication of electronic record
Delivery of electronic record
Personal hearing on request
Download Notification No. 139/2021 Click Here >>
- Sale of flats in a real estate project held capital gains considering intention of assessee
- Interest liability recognised by journal entries at the close of year, can’t be termed as fictitious – ITAT
- Cash deposits in bank which were immediately transferred to other accounts – addition deleted
- ITAT disallows 6% for alleged bogus purchases being appropriate
- CBDT can’t restrict power of CIT u/s 119(2)(b) to condone delay beyond six years – High Court
