Scope of “penalties” in the Faceless Penalty Scheme

CBDT issues clarification on the scope of “penalties” in the Faceless Penalty Scheme

February 27, 2021

Central Board of Direct Taxes has clarified on the scope of ‘penalties’ of Faceless Penalty Scheme, 2021 with immediate effect. The said notification excludes penalty imposable by: (i) Investigation Wing, (ii) Directorate of Income-tax (Intelligence & Criminal Investigation), (iii) Erstwhile Director General (Risk Assessment), (iv) Prescribed authorities for specified penalties. Please access the CBDT order here.

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