Thu, Aug 18, 2022
According to the latest directions, a show cause notice will be mandatorily issued by the assessing officer (AO) to a taxpayer in whose case "any variation prejudicial to the interest of the assessee is proposed" or to say where an action against the assessee is proposed
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Wed, Jul 07, 2021
The Income Tax Department (ITD) introduced the Faceless Assessment Scheme, a team-based assessment with dynamic jurisdiction, to ease compliance for taxpayers.
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