CBDT notifies ‘E Settlement Scheme, 2021’

Last updated: 12 November 2021

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The Central Board of Direct Taxes (CBDT) has introduced the e-Settlement Scheme, 2021, to facilitate the electronic settlement of pending income tax applications. This scheme allows for proceedings to be conducted entirely online, utilising digital signatures and communication via registered email addresses. The aim is to eliminate discretion and optimise resource use through an automated allocation system, ensuring a more efficient and transparent settlement process.

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 129/2021-Income Tax New Delhi, the 1st November, 2021 S.O.4584(E). -In exercise of the powers conferred by sub-section (11) and (12) of section 245D of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely: - 1. Short title and commencement. -(1) This Scheme may be called the e-Settlement Scheme, 2021. (2) It shall come into force on the

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FAQ :

The e-Settlement Scheme, 2021 is a new initiative by the CBDT that allows for income tax settlement proceedings to be conducted electronically.

The scheme is applicable to pending income tax applications that have not yet exercised the option under sub-section (1) of section 245M of the Act and have been allocated or transferred to an Interim Board.

Pending applications are randomly allocated or transferred to Interim Boards using an automated allocation system, which employs technological tools like artificial intelligence and machine learning to eliminate discretion.

All communications between the Interim Board and the applicant, or the Principal Commissioner/Commissioner, will be exchanged electronically, primarily via registered email addresses.

No, applicants are not required to appear in person or through an authorised representative before the Interim Board. Proceedings will be conducted via video conferencing or video telephony.

At the applicant's option, pleadings before the Interim Board can be in either Hindi or English. Orders and other proceedings can also be in Hindi or English at the Interim Board's discretion.

Notification No : 129/2021-Income Tax
Source : https://www.incometaxindia.gov.in/communications/notification/notification-129-2021.pdf

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