Income Tax

Faceless Penalty Scheme 2021 -Exception where few provisions not applicable to the Scheme

Faceless Penalty Scheme 2021 -Exception where few provisions of the Income Tax Act not applicable to the Scheme

For the purposes of giving effect to the Faceless Penalty Scheme 2021 (the Scheme) the CBDT vide Notification No. 03/2021 has made several directions.

It has been provided that the provisions of section 2, section 120, section 127, section 129, section 131, section 133, section 133C, section 136 and Chapter XXI of the said Act shall apply to the procedure for imposing penalty in accordance with the Scheme subject to exceptions, modifications and adaptations provided in the directions.

Download CBDT Notification Click Here >>

 

Share

Recent Posts

  • ICSI

Empanelment of General Observers for ICSI Examinations June 2026. Last date 28.04.2026

Empanelment of General Observers for ICSI Examinations June 2026 ICSI has invited interested members to enroll as General Observers for…

6 hours ago
  • CA CS CMA

Engagement of Young Professionals CA for assistance in ITAT representation

Income Tax Department Pune is engaging Young Professionals CA for assistance in ITAT representation With a view to augment departmental…

1 day ago
  • Concurrent Audit

IDBI online application for empanelment of Concurrent Auditor. Last date : 27.04.2026

IDBI invites application for empanelment of Chartered Accountant firms as Concurrent Auditor for FY 2026-27 IDBI Bank has invited online…

1 day ago
  • Bank

Audit reports must be disclosed by bank before classifying account of a customer as fraud

Audit reports must be disclosed if considered relevant by banks in classifying the account of a customer as fraud –…

1 day ago
  • ICAI

ICAI sets up a branch of CIRC at Korba city, Chhattisgarh w.e.f. 6th February, 2026

ICAI sets up a branch of CIRC at Korba city (Chhattisgarh) w.e.f. 6th February, 2026 Council of the Institute of…

1 day ago
  • ICAI

CA Final Exams to be held twice a year from May 2026 Examination onwards – ICAI

Chartered Accountants Final Examination to be held twice a year from May 2026 Examination onwards ICAI vide Notification dated 15.04.2024…

2 days ago