Monthly Updates and important dates for February 2021 compiled by IMCs Direct Taxation Committee.


Monthly Updates and important dates for February 2021 compiled by IMCs Direct Taxation Committee.
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Friday, February 5, 2021
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Dear all,

Your association SIMA is pleased to inform you that the following important announcements have been compiled by IMC’s Direct Taxation Committee for your information.

Details of important circulars, notifications and press release issued

PRESS RELEASE, DATED 12-1-2021:
The Central Board of Direct Taxes has launched an automated dedicated e-portal on the e-filing website of the Department to receive and process complaints of tax evasion, foreign undisclosed assets as well as complaints regarding benami properties.

NOTIFICATION NO. 3/2021,DATED 12-1-2021:
The Central Government has made the Faceless Penalty Scheme, 2021 wherein the penalty proceedings will now fall under the Faceless Regime. The procedure for imposition of penalty and implementation of the same has been mentioned vide said Notification.

For more details, PLEASE CLICK HERE.

Thanking you,
With Regards,

For Silvassa Industries & Manufacturers Association

Narendra Trivedi
Secretary


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