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India - Scheme for Faceless Income Tax assessment and appeals
Prime Minister’s announcement of 13th August 2020 comprises of reforms in respect of following four broad areas of work of Income Tax department:
1. Taxpayer’s Charter,
2. Faceless Assessment Scheme,
3. Expansion of scope of reporting of transactions (SFT), and
4. Faceless Appeals Scheme.
You can read the rest of the key features and highlights of these are being given
here
.
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