Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

Section - 4 - Amendment of Section "279"

Amendment of Section "279".

4. (XXXIX) in section 279, after sub-section (3), the following sub-sections shall be inserted with effect from the 1st day of November, 2020, namely:-

-"(4) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of granting sanction under sub-section (1) or compounding under sub-section (2), so as to impart greater efficiency, transparency and accountability by-
(a)-eliminating the interface between the income-tax authority and the assessee or any other person to the extent technologically feasible;
(b)-optimising utilisation of the resources through economies of scale and functional specialisation;
(c)-.... To read the full section download the app from Google Play store