{"id":18136,"date":"2020-08-28T17:31:01","date_gmt":"2020-08-28T17:31:01","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=18136"},"modified":"2020-08-28T17:31:01","modified_gmt":"2020-08-28T17:31:01","slug":"local-transfer-pricing-cases-to-go-faceless","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=18136","title":{"rendered":"\u2018Local transfer pricing cases to go faceless\u2019"},"content":{"rendered":"<p><\/p>\n<p><h2 class=\"intro\">\nDomestic transfer pricing cases to also be covered under the faceless assessment mechanism<br \/>\n<\/h2>\n<\/p>\n<div id=\"content-body-14269002-32468818\">\n<p> The Income-Tax Department will soon start sending out intimation to assessees undergoing scrutiny that such cases would now be handled under faceless assessment, a tax official said on Friday. <\/p>\n<p>CBDT Additional Commissioner Jaishree Sharma also said domestic transfer pricing cases, too, will be covered under the faceless assessment mechanism. <\/p>\n<p> Asked whether the previous notices still stand valid, the official said, \u201cPrevious notices will not become redundant.\u201d<\/p>\n<p>Reassessment cases would also be a part of the faceless scheme.<\/p>\n<\/div>\n<div style=\"display:none\">\n<div class=\"col-xs-12 col-md-12 col-lg-12 col-sm-12\">\n<div class=\"subscriptioncontainer\">\n<div class=\"subscriptioncontainermain\">\n<div class=\"col-xs-12 col-sm-12 col-md-12 subscripeleftcontent\">\n<p class=\"planTodayDiv text-center\">You have reached your limit for free articles this month.<\/p>\n<p class=\"planTodayDiv text-center\"> To get full access, please subscribe. <\/p>\n<p class=\"signinlnk text-center\" data-category=\"Meterpaywall\" data-label=\"sign\"> Already have an account ? <a href=\"https:\/\/subscription.thehindu.com\/signup?utm_source=meterpaywall&amp;utm_medium=32468818&amp;utm_campaign=economy\" class=\"signintodayspaper\">Sign in<\/a>\n<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Show Less Plan <i class=\"fa fa-angle-down\"\/><\/p>\n<\/div>\n<div class=\"subscriptionbenefits\">\n<h4 class=\"subscriptionbenefitstitle\">Subscription Benefits Include<\/h4>\n<div class=\"col-xs-12\">\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg todayimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Today&#8217;s Paper<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Find mobile-friendly version of articles from the day&#8217;s newspaper in one easy-to-read list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg fasterimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Faster pages<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Move smoothly between articles as our pages load instantly.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg adimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Unlimited Access<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Enjoy reading as many articles as you wish without any limitations.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg dashimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Dashboard<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">A one-stop-shop for seeing the latest updates, and managing your preferences.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg recomimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Personalised recommendations<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">A select list of articles that match your interests and tastes.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg briefimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Briefing<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">We brief you on the latest and most important developments, three times a day.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"subscriptiontext col-xs-12\">\n<p>\n*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.\n<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"readerBack\" style=\"display:none;\">\n<h3>A letter from the Editor<\/h3>\n<hr\/>\n<p>Dear reader,<\/p>\n<p>We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.<\/p>\n<p><a href=\"https:\/\/subscription.thehindu.com\/subscription?utm_source=TheHindu&amp;utm_medium=Article-End&amp;utm_campaign=Letter-From-Editor\" class=\"btn-sm btn-knowwhy\">Support Quality Journalism<\/a>\n<\/div>\n<\/div>\n<div>\n<div class=\"tlreaderBack\" style=\"display:none;\">\n<h3>A letter from the Editor<\/h3>\n<hr\/>\n<p>Dear subscriber,<\/p>\n<p>Thank you!<\/p>\n<p>Your support for our journalism is invaluable. It\u2019s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.<\/p>\n<p>The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.<\/p>\n<p>We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.<\/p>\n<p>Suresh Nambath<\/p>\n<\/div>\n<\/div>\n<p><a href=\\\"https:\/\/www.thehindu.com\/business\/Economy\/local-transfer-pricing-cases-to-go-faceless\/article32468818.ece\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic transfer pricing cases to also be covered under the faceless assessment mechanism The Income-Tax Department will soon start sending out intimation to assessees undergoing scrutiny that such cases would now be handled under faceless assessment, a tax official said on Friday. CBDT Additional Commissioner Jaishree Sharma also said domestic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18137,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-18136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/08\/06AUGTH-IT.jpeg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/18136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18136"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/18136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/18137"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}