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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